Sunday, February 23, 2020

CRA WANTS TO EDUCATE YOUNG TAXPAYERS

  According to Blacklock’s, a 2019 study by the CRA found 20% of respondents believed the benefits of tax cheating outweighed the risks. Thirteen percent were classified as “outlaws” who believed tax evasion was “no big deal.”
   A 2016 Statistics Canada report found nearly $45.6 billion is lost to tax cheating.
  The problem isn’t one a large chunk of Canadians view as a problem, however, as many of the respondents believe “tax cheating is justified because of unfairly high levels of taxation,” researchers conducting the study wrote.

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