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CRA Charges $307/hr to Be Right
CRA charges $307 per hour for a tax answer they'll actually stand behind.
But if you call the regular phone line and receive incorrect information, you can still end up owing the tax, interest, and penalties.
In one court case, a taxpayer relied on CRA phone guidance for years. When CRA later reassessed him, he challenged the decision in court — and lost.
In this video, I break down the difference between CRA information services, written interpretations, and binding rulings, and why understanding the distinction matters.
In this episode, we cover:
• The $307/hour CRA ruling service and how it works
• Why CRA phone advice doesn't legally protect taxpayers
• The court case confirming CRA isn't bound by phone guidance
• The free written response option many Canadians don't know exists
• Why CRA won't provide tax planning advice — even through paid services
• Who taxpayers should rely on when making important tax decisions
CRA's role is to administer tax legislation, not act as your personal tax advisor.
Understanding that distinction could save you from making a very expensive mistake.
If you've ever called CRA and made a financial decision based on what you were told, this is a conversation worth watching.
📋 Additional tax resources, episode breakdowns, guides, and planning tools are available at:
https://theadvisorstable.com
📞 Looking for Trusted Tax Advice?
Connect with Sankalp (Sunny) Jaggi, at Cedar Consulting Group
📧 Email: [email protected]
🌐 Website: https://www.cedargroup.ca/
🔔 Subscribe for real-world tax scenarios, CRA insights, and practical planning strategies.
👇 Comment below: Have you ever relied on CRA phone advice before?
LEGAL DISCLAIMER: This video is based on a real case, but names and some details have been changed to protect client confidentiality. This content is for educational purposes only and does not constitute legal or tax advice. Always consult with a qualified tax professional before making financial decisions.
00:00 — The $307/Hour CRA Answer They'll Stand Behind
00:20 — The Truck Driver Who Trusted CRA and Lost
00:41 — What CRA Actually Offers (Paid vs Free)
01:10 — Inside CRA's Binding Ruling Service
02:00 — Expensive, Slow, and the 90-Day Wait
02:43 — What CRA Will Never Do — Even If You Pay
03:37 — Real Tax Situations CRA Won't Help You Plan
05:11 — Why CRA Only Gives Yes or No Answers
05:35 — Who Actually Helps With Tax Decisions
06:41 — The Free CRA Written Response Option
07:33 — CRA Isn't Your Tax Advisor
08:24 — CRA Phone Advice Only 17% Accurate
#TheAdvisorsTable #CRA #CanadianTax #CRAAdvice #TaxPolicy #TaxAdvice
View all episodes
By AdvisorsTablePodcastCRA charges $307 per hour for a tax answer they'll actually stand behind.
But if you call the regular phone line and receive incorrect information, you can still end up owing the tax, interest, and penalties.
In one court case, a taxpayer relied on CRA phone guidance for years. When CRA later reassessed him, he challenged the decision in court — and lost.
In this video, I break down the difference between CRA information services, written interpretations, and binding rulings, and why understanding the distinction matters.
In this episode, we cover:
• The $307/hour CRA ruling service and how it works
• Why CRA phone advice doesn't legally protect taxpayers
• The court case confirming CRA isn't bound by phone guidance
• The free written response option many Canadians don't know exists
• Why CRA won't provide tax planning advice — even through paid services
• Who taxpayers should rely on when making important tax decisions
CRA's role is to administer tax legislation, not act as your personal tax advisor.
Understanding that distinction could save you from making a very expensive mistake.
If you've ever called CRA and made a financial decision based on what you were told, this is a conversation worth watching.
📋 Additional tax resources, episode breakdowns, guides, and planning tools are available at:
https://theadvisorstable.com
📞 Looking for Trusted Tax Advice?
Connect with Sankalp (Sunny) Jaggi, at Cedar Consulting Group
📧 Email: [email protected]
🌐 Website: https://www.cedargroup.ca/
🔔 Subscribe for real-world tax scenarios, CRA insights, and practical planning strategies.
👇 Comment below: Have you ever relied on CRA phone advice before?
LEGAL DISCLAIMER: This video is based on a real case, but names and some details have been changed to protect client confidentiality. This content is for educational purposes only and does not constitute legal or tax advice. Always consult with a qualified tax professional before making financial decisions.
00:00 — The $307/Hour CRA Answer They'll Stand Behind
00:20 — The Truck Driver Who Trusted CRA and Lost
00:41 — What CRA Actually Offers (Paid vs Free)
01:10 — Inside CRA's Binding Ruling Service
02:00 — Expensive, Slow, and the 90-Day Wait
02:43 — What CRA Will Never Do — Even If You Pay
03:37 — Real Tax Situations CRA Won't Help You Plan
05:11 — Why CRA Only Gives Yes or No Answers
05:35 — Who Actually Helps With Tax Decisions
06:41 — The Free CRA Written Response Option
07:33 — CRA Isn't Your Tax Advisor
08:24 — CRA Phone Advice Only 17% Accurate
#TheAdvisorsTable #CRA #CanadianTax #CRAAdvice #TaxPolicy #TaxAdvice