Which of the following scenarios will result in a penalty being charged by the CRA?Question...
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Accounting
Which of the following scenarios will result in a penalty being charged by the CRA?Question options:A taxpayer who is owed an income tax refund files their income tax return late.A taxpayer who has a balance owing files their income tax return on time, but does not include a payment.A taxpayer who has a balance owing files their income tax return late, with the payment enclosed.A taxpayer pays less than the required amount of instalments. The amounts are not large.
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