Tuesday, March 26, 2019

INCOME TAX EVASION & INVESTIGATION

Bitter exes. Jealous neighbours. Scofflaws who aren’t nearly as smart as they believe. Targeted prosecutions. And, for those convicted, a good old public shaming.

Welcome to the wild world of Canadian income tax evasion and investigation – which is thrust into the spotlight during spring tax season but hums along with a mix of deception and punishment all year long.

The federal taxman – formally known as the Canada Revenue Agency (CRA) – has a number of tools at its disposal to catch tax cheats. But often, it’s basic human nature that does much of the work for them, one expert says.

The Canada Revenue Agency advises the media of cases of people, corporations, and trusts convicted in the courts for tax evasion or for failing to file income tax returns when required.

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