A hard drive obtained by the International Consortium of Investigative Journalists has revealed a secretive network of financial transactions that provides the rich with offshore tax havens. The rich find tax havens and the middle class pays the price.
With excessive taxation inflicting much of Canada, citizens want to keep as much money of theirs as possible. A new study suggests that they are doing exactly that by paying cash in order to avoid the taxman.
The Canada Revenue Agency is targeting the underground economy and one of its targets was those who work in the restaurant industry. The study found that waiters only report between five and 10 percent of their tips to the taxman.
The RCMP have announced three former employees of the Canada Revenue Agency (CRA) are facing fraud, bribery, breach of trust, and corruption charges after an investigation into wrongdoing began in 2008.
If you thought you were paying too much in taxes you may be correct. A new study published Thursday shows that the average Canadian pays more in taxes annually than on basic necessities, such as food, clothing and shelter.