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The underground economy is toxic. It costs jobs, makes it harder for above-board businesses to compete and ruins faith in our tax system. It can also leave you holding the bag when you get sub-par results or someone gets burned in a cash deal. But there is something we can all do, and it's simple.
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There is no doubt that fighting tax evasion and aggressive tax avoidance will mean confronting very powerful interests who will push back with a large arsenal of resources, from public relations to lawsuits. We, as parliamentarians, cannot be intimidated.
When it comes to acting as executor of an estate, there is no shortage of responsibilities that should be carefully reviewed prior to accepting the role. One of the most fundamental duties is that all estate related income tax documents are filed and in good standing.
OTTAWA - The Canada Revenue Agency wants to set the record straight when journalists fail to include its upbeat take in their stories.A new document shows the CRA is considering a special web page to...
Not terrorists, white-collar crooks, or climate change -- it seems the real threat to Canadian society hides behind a much friendlier face: charities. Or to be more specific, charities critical of the Canadian government. This week it was made public that the Canadian Revenue Agency (CRA) is auditing PEN Canada for its "political activities." In 2012, the Canadian government earmarked $8 million of the CRA's budget for auditing political activities, and then upped that amount again to $13 million. In a time of austerity, there is still a plenty of money to go after enemies of our federal government.
Like other Canadians, you work hard for your money. Faced with essential expenses such as food, clothing, and shelter, your household budget may feel squeezed. But what if we told you, your family's biggest expense is taxes?
OTTAWA — The Conservative government is chipping away at official bilingualism, the NDP charged Tuesday, pointing to the elimination of bilingual positions at the Canada Revenue Agency. NDP official...
Eugene Melnyk owns the Ottawa Senators. He's Canadian. He owns Canadian businesses, but lives in Barbados. Here's where the CBC and the CRA come in. With their recent bit of "hidden-camera" journalism, the CBC concluded that Barbados is a haven for Canadian corporate tax evaders.
Hal Neumann had a great life until Canada Revenue Agency investigators showed up at his home one morning with two police officers and a search warrant. He was awarded damages of $1.3 million in an extaordinary verdict that was later overturned. Why?