CALL TODAY 1-888-868-1400

Download our FREE eBook

Learn about the different methods that many Canadian individuals and businesses have leveraged to successfully reduce or eliminate penalties and interest owing on their tax debts.

Download Now

Blogs tagged with tax evasion in Canada

What is Tax Evasion in Canada?

Explaining Tax Evasion in Canada Tax evasion is when you do not file tax returns as you should, do not fully and accurately declare your income, when you hide income, or if you claim expenses and tax credits you are not entitled to. Canada Revenue Agency (CRA) auditors are required…

...

Read More

Does Tax Evasion in Canada Always Mean Jail Time?

Tax evasion in Canada is a very serious criminal offence, and many Canadians are faced with court each year as a result of tax non-compliance. Depending on various factors, tax evasion can result in hefty fines, house arrest and a jail term. However, although tax evasion is taken very seriously,…

...

Read More

Restaurant Owners with Point-of-Sale Terminals (P.O.S.) Look Out!

The restaurant business has long been an industry that the Canada Revenue Agency monitors for possible tax evasion schemes. As all restaurant owners and their advisors know, it can be an incredibly difficult industry to compete in and underreporting of sales is very common.  More recently, many restaurants have had…

...

Read More

Tax Evasion in Canada – Do People in Canada Actually Go to Jail for Tax Evasion?

We often hear about individuals in the US being prosecuted for tax evasion and being sentenced to hefty jail terms. Not filing tax returns and not declaring income is a crime in the USA – but is it in Canada? Do people actually go to jail in Canada for tax…

...

Read More