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Putin Reasserts Moscow’s Loyalty to Tehran Amid Regional Tensions

  Russia's President Vladimir Putin delivers a speech during a ceremony to award members of the Russian Paralympic team, who took part in the 2026 Winter Paralympics in Italy, at the Kremlin in Moscow, Russia, March 19, 2026. Russia has reaffirmed its political solidarity with Iran, with President Vladimir Putin emphasizing Moscow’s commitment to maintaining a close partnership despite questions about the depth of that support.   Russian President Vladimir Putin has reiterated that Moscow “remains a loyal friend and reliable partner” to Iran, delivering the message as part of his Nowruz greetings to Iranian leadership. The Kremlin’s statement underscores Russia’s intention to maintain strong diplomatic ties with Tehran at a time of heightened geopolitical strain in the Middle East.  Putin extended his congratulations to Iran’s Supreme Leader Ayatollah Mojtaba Khamenei and President Masoud Pezeshkian, stressing that Russia stands by Iran during what he described as a dif...

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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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