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