immigrantscanada.com

Independent topical source of current affairs, opinion and issues, featuring stories making news in Canada from immigrants, newcomers, minorities & ethnic communities' point of view and interests.

Revenue Canada: Canada Revenue Agency

Canada Revenue Agency: It wasn't hard. All it took was a source of income that wasn't entirely on the radar of the Canada Revenue Agency tips earned from waiting tables, for instance, or selling used cars on Craigslist. , according to CBC. Whatever the case, all that unreported income has contributed to Canada's underground economy which, according to Statistics Canada, was worth about $35 billion in 2008, the most recent year for which numbers were available. In recent years, however, the Canada Revenue Agency has decided to try to rein in some of that undocumented economic activity . Though it's often said the only certainties in life are death and taxes, some people were, until recently, pretty good at avoiding the latter. Maybe they did day labour on construction sites, or flipped houses, or drove trucks or, ahem, wrote a few freelance articles. Revenue Canada rejected secret tax haven files Interactive Tax havens explained: How the rich hide money (www.immigrantscanada.com). As reported in the news.