Sponsored advertising

Sponsored advertising

Welcome to The Buzz

Explore expert opinion, insights, news, and updates from the world of bookkeeping.

CRA: The Canada Revenue Agency has updated the Tax Collections Policies Information Circular IC98-1R8

Share on:

The Canada Revenue Agency has updated the Tax Collections Policies Information Circular IC98-1R8

The Canada Revenue Agency (CRA) recently updated the tax collections policies Information Circular IC98-1R8 (circular) to reflect current legislative provisions and requirements. 

The circular helps you understand your rights and responsibilities when you deal with the CRA and gives you an overview of many of the collections policies that the CRA has for individuals, businesses, and organizations that owe money to the Crown. The circular has been in effect since May 24, 2022.

If you have questions about policies not covered in this circular, want confirmation of the policies we discuss, or need more information, please contact your collections officer. If you do not have a collections officer or cannot reach an officer, contact the CRA to discuss your options.

For more information on CRA tax collection policies, go to When you owe money - collections at the CRA.

For information regarding other collections policies that we administer, see information circulars IC13-2R1 Government programs collection policies and IC13-3 Customs collections policies.

  • Categories:
  • Government