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Canada revenue agency News

Op-Ed: Screw the middle class, the rich have their secret tax havens

Toronto - 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.

Poll finds most Canadians confess to cheating the CRA taxman

Calgary - 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.

Report: Canada's taxman reveals waiters only declare 5% of tips

Niagara - 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.

Former Canadian tax auditors charged in restaurant shakedowns

Montreal - 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.

Report: Canadians spend more money on taxes than on necessities

Vancouver - 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.

Canada Revenue revokes charity status of Tamil Aid Society

Ottawa - Effective today the charity status of Tamil (Sri Lanka) Refugee-Aid Society of Ottawa (the Society), an Ottawa-area charity has been revoked by the Canada Revenue Agency.

Ontario First Nation organization stripped of charitable status

Ottawa - The Canadian Revenue Agency has revoked the charitable status for the Henvey Inlet First Nation Community Support Organization, effective May 8, 2010.
 

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