CRA, judge, question solvency claim in Iristel tax hearing

Iristel said it would cease operations by mid-April if tax refunds weren’t given By Ahmad Hathout A FEDERAL COURT OF APPEAL judge on Tuesday questioned the reliability of a claim made by Iristel that the company would cease operations if it didn’t get tax refunds it said is owed by the Canada Revenue Agency as it completes an investigation into the company’s long-distance call suppliers. Earlier this year, Iristel filed an interim relief request in the Federal Court to force the CRA to disburse at least $62 million out of about $80 million in refunds the tax agency is withholding...