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U.S. Officials Say Iran’s New Supreme Leader Gravely Wounded Amid Escalating Conflict

Protesters hold posters of Iran's late Supreme Leader Ayatollah Ali Khamenei and his son, Iran's new Supreme Leader Mojtaba Khamenei, during a protest marking al-Quds Day (Jerusalem Day), after Friday prayers at Fatih Mosque in Istanbul. U.S. Defense Secretary Pete Hegseth has confirmed that Iran’s newly appointed Supreme Leader, Mojtaba Khamenei , was seriously wounded and likely disfigured during the opening phase of U.S. and Israeli military strikes. Speaking at a Pentagon briefing, Hegseth described Iran’s leadership as “desperate and hiding,” asserting that Khamenei has gone underground following injuries sustained in the attacks.  Reports from multiple outlets indicate that Khamenei has not appeared publicly since the conflict began, fueling speculation about the severity of his condition. Some accounts suggest he may have suffered catastrophic injuries, including the loss of a limb and a possible coma, after an airstrike that also killed members of his family.  U.S....
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What Happens If You Don’t File Your Taxes in Canada?

 

As the April 30 tax deadline approaches, it’s crucial to understand the consequences of not filing your tax return in Canada. Whether you owe money or not, failing to meet the deadline can lead to serious repercussions. Let’s dive into what you need to know:

  1. Late Filing Penalty:

    • If you owe taxes and miss the filing deadline, the Canadian Revenue Agency (CRA) imposes a late filing penalty. This penalty is calculated as follows:
      • Five percent of your 2023 balance owing.
      • Additional one percent for each full month you file after the due date, up to a maximum of 12 months.
    • In total, you could end up paying 17 percent of any balance you owe.

  2. Interest Charges:

    • The CRA charges compound daily interest on any balance owing for 2023 that you’re unable to pay by the April 30 deadline.
    • The interest rate is approximately 10 percent, and it accumulates daily starting from May 1, 2024.

  3. Severe Actions for Consistent Late Filers:

    • If you consistently file late or ignore repeated requests, the CRA can take more severe actions:
      • Garnishing wages.
      • Freezing bank accounts.
      • Placing liens on properties.
      • In extreme cases, tax evasion or fraud charges, which may lead to jail time.

  4. Benefits at Risk:

    • Even if you don’t owe money, timely filing is essential to maintain benefits such as:
      • Canada Child Benefit (CCB).
      • Provincial and territorial payments.
    • Failure to file could result in losing these benefits.

Remember, meeting the tax deadline is crucial to avoid penalties, interest, and potential legal consequences. Whether you owe money or not, file your taxes on time to stay on the right side of the CRA! 

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