Tag Archives: Tax Evasion Canada

Canada Revenue Agency’s Tactics on Canadian Tax Evasion

To deal with Canadian tax evasion problems, although Canada Revenue Agency works hard and smart to collect taxes, there are still some individuals and businesses that evade taxes that cause Canadian tax evasion problems. The no-nonsense CRA tax collectors might catch up with you and you will hate their legal actions against you. Tax evasion » Read More

The Civil Consequences of Tax Evasion Canada

People have to think a thousand times before pleading guilty to tax evasion Canada because of the civil consequences they may have to face. It is a general case that tax evasion Canada is followed up by criminal charges and it is accompanied with a civil assessment or the reassessment of taxes. The CRA will be keen to get » Read More

The Tax Evasion Canada Program with Whistle Blower Rewards

The 2013 CRA budget announces the CRA’s initiative to encourage Canadians to provide relevant information identifying tax evasion especially for international tax evasion. The latest changes in the `Stop International Tax Evasion Canada Program will enable the CRA to reward those individuals who have knowledge of major cases in tax non-compliance on an international level. The » Read More

Tax Evasion Canada and Signing of an Agreement with USA

To combat the problem of international tax evasion, Canada and USA have signed an agreement recently. USA and Canada have consented to share tax information about the bank accounts which are being held by the citizens of the United States in Canadian banks. This has helped them use backdoor tactics by freeing them from compliance » Read More

Tax Evasion Canada

Tax evasion Canada is an act committed by a person or a business entity to evade payment of the taxes, illegally. Tax evasion could be in the form of misrepresentation of earnings and profits by trying to report less than the amount actually earned and also in the taking of deductions that may not be » Read More