CRA 2021 Update: Don’t Forget to Claim the $500 Digital News Tax Credit!

Author: External Author | | Categories: Chartered Accountant , Income Tax Preparer , Income Tax Services

Before the disorder that is COVID-19 occurred, Canada’s media industry was already in trouble. A large group of media outlets wrote Prime Minister Justin Trudeau in February 2020 to plea for long-demanded tax and regulatory changes. The letter sought to draw attention to grave concerns on the future of the country’s once-vibrant media ecosystem.

Original Article Source Credits:   The Motley Fool , https://www.fool.ca/

Article Written By:  Christopher Liew, CFA 

Original Article Posted on:  January 4, 2021

Link to Original Article:  https://www.fool.ca/2021/01/04/cra-2021-update-dont-forget-to-claim-the-500-digital-news-tax-credit/

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