According to the CRA, the problem of “abusive charity gifting tax schemes” continues. These are schemes that promise that if you put in say $1000 through a complicated scheme you will end up with a $5000 receipt and therefore you can save $2500 in taxes. CRA notes that two additional strategies will be used to prevent Canadians from investing in these schemes. The first is that CRA will not assess tax returns until after the tax shelter scheme has been reviewed. That means a person who claims tax benefits under one of these schemes and then files a tax return may have to wait a couple years for a refund. Also as per the 2013 budget CRA can collect 50% of the taxes owing of an amount in dispute. What is shocking from the press release is apparently over 182,000 taxpayers have participated in these schemes. Here is further information on the CRA press release.