CRA PROBES TORONTO PRE-CONSTRUCTION CONDO FLIPPING CASES FOR TAX AVOIDANCE The Canadian Press   Image courtesty of: McIlwaine Canada Revenue Agency is analyzing 2,810 transactions involving cases of pre-construction condominium flipping in Toronto to determine whether audits need to be carried out to find tax evaders.  In the Toronto area in particular, audit work has increased substantially on what are called "assigning sales" or "shadow flipping"... [read more]