Voluntary Disclosure for Panama Papers Tax Evasion
CTV News: World leaders named in documents leak.
I’ve been hiding money from CRA – how do I come clean?
If you’ve been hiding money from Canada Revenue Agency (CRA), or just not declaring all the money you make to CRA.
What if I haven’t filed a tax return for years?
Canada Revenue Agency’s voluntary disclosure program allows delinquent taxpayers to “come in from the cold.”
What Can I do about a Wrongful or Unfair Tax Assessment?
If you have been wrongly or unfairly assessed, in other words CRA believes you owe more tax, you have 90 days to file a Notice of Objection.
David interviewed on BNN
David was interviewed on Business News Network (BNN) by Catherine Murray, about Canada Revenue Agency’s plans to close tax loopholes in 3 areas.
CRA Tax Audits
There are over 350,000 tax audit and review actions conducted by the Canada Revenue Agency on a yearly basis. Around 15,000 of these tax audits deal with “cash only” businesses (i.e. the underground economy). Additionally, an estimated 35,000 are tax shelter audits.