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All items tagged with: tax evasion

Nine in 10 Business and Financial Pros Oppose Morneau’s Tax Proposals

Posted: September 01, 2017 By : Tamar Satov
Posted in: Strategic Thinking , Federal Government, Financial Advisor, taxation, knowledge bureau, Evelyn Jacks, income tax, tax evasion, Small Business, Canadian economy, financial education, tax preparer, tax reform, proprietorship, financial planner, wealth manager, proposed tax changes, tax regulation, tax regime, Canadian small business, private business, business owners, tax in Canada, standards of living

Accountants, bookkeepers, financial advisors and business leaders are joining the chorus of dissent against Ottawa’s proposed tax changes affecting private corporations, warning of dire consequences to the Canadian economy if implemented, a Knowledge Bureau survey finds.

CRA Needs More Help, Recent Audit Report Reveals

Posted: December 03, 2013
Posted in: Strategic Thinking, Distinguished Practices, Tax Planning , tax evasion

Canada announced in its 2013 federal budget that international tax evasion was at the top of the list of concerns for our nation and that capturing revenue from such sources would help alleviate the tax burdens on other citizens.

Civil & Criminal Tax Law: Keep Admissibility of Evidence in Mind

Posted: November 26, 2013
Posted in: Strategic Thinking, Distinguished Practices, Tax Planning , tax evasion, tax law

Those involved in criminal tax evasion cases are advised to bear civil tax consequences in mind when negotiating plea bargains and making admissions because the Tax Court of Canada (TCC) may admit evidence that may be otherwise inadmissible, if unchallenged in prior criminal proceedings.

Taxman Rules Supreme: “Gifts from God” are Taxable

Posted: September 04, 2013
Posted in: Breaking News, Tax Planning , tax court, tax evasion

The Provincial Court of British Columbia heard an interesting defence to allegations of tax evasion faced by a father and son in Nanaimo, British Columbia recently.

Winnipeg Restauranteurs Taste Tax Evasion Fines

Posted: May 13, 2013
Posted in: Breaking News, Tax Planning , tax evasion

On May 1, the Canada Revenue Agency (CRA) announced that two corporations and the director of one plead guilty to tax evasion charges in the Provincial Court of Manitoba. The fines totaled a hefty $731,986.