Supreme Court rules Iristel appeal in CRA tax dispute a Tax Court matter

By Ahmad Hathout The country’s highest court ruled Friday that Iristel’s allegation that the Canada Revenue Agency is improperly withholding millions of dollars in tax returns is a matter wholly within the domain of the Tax Court, rejecting its appeal from the lower court. Iristel has alleged for years now that the tax agency has been improperly withholding more than $80 million owed to the company after audits allegedly found long-distance call traffic suppliers used by the far north telecommunications provider are not reporting or remitting taxes. Legally, Iristel is arguing that the assessment to withhold and penalize the telecom...