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Which of the following scenarios will result in a penalty being charged by the CRA? A taxpayer pays less than the required amount of instalments.

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Which of the following scenarios will result in a penalty being charged by the CRA? A taxpayer pays less than the required amount of instalments. A taxpayer who is owed a refund files their tax return late. A taxpayer who has a balance owing files their tax return on time, but does not include a payment. A taxpayer who has a balance owing files their tax return late, with the payment enclosed

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