Weekly Tax Tips
Protect Yourself Against Fraud and Identity Theft
4 June 2010
In this day and age, you can never be too careful to protect yourself against fraud and identity theft. Whether you have experienced it first hand or not, chances are you have heard of the various methods used by criminals to steal your personal financial information. Often these criminals go to great lengths to gain access to your personal information such as your social insurance, credit card, bank account and passport numbers. Unfortunately, many fraudsters claim to be the Canada Revenue Agency (CRA) in these communications, and the CRA provides warnings and updates on these from time to time. The sole purpose of these communications, which can be by telephone, mail or email, is to gain access to your personal financial information. What this means is that you must exercise caution when you receive any communication that appears to be from the CRA.
For further information, see our recent Tax Factor article titled “Protect Yourself Against Fraud and Identity Theft”.
This tax tip is a publication of BDO Canada LLP on developments in the area of taxation. This material is general in nature and should not be relied upon to replace the requirement for specific professional advice. The information in this tax tip is current as of 4 Jun 2010.
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