Iristel battling CRA over $79.6 million, says report

MARKHAM — Independent carrier Iristel is in a court battle with the Canada Revenue Agency (CRA) over $79.6 million in GST and HST refund claims, according to a Canadian Press report published by The Globe and Mail on Sunday. According to the article, Iristel sought an interim court order for the CRA to refund $62.3 million immediately while the CRA conducted an audit of the company. However, the Federal Court denied Iristel’s request for interim relief in mid-April, and now the telco has filed an appeal with the Federal Court of Appeal. A hearing is scheduled for June 23, says...