OTTAWA — Calgarian Christopher Buckley didn’t think twice when he sent the Canada Revenue Agency a three-page, nil income tax filing by paper for his inactive film production company earlier this year. He’d done it for years and never had an issue. &nbsp;

Nearly 5,000 inactive companies were fined $1,000 by the Canada Revenue Agency for filing their 2024 tax return by paper.{ai:summary}Calgarian Christopher Buckley filed a three-page nil-income tax return by paper with the Canada Revenue Agency for his inactive film production company earlier this year.He’d done it for years and never had an issue. #economy

He sent CRA a paper tax filing for his inactive company. CRA sent back a $1,000 fine

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