slider
Resources | Our Blog: Newsledger | White Papers | Budgetary Commentary | FAQS |

CRA increasing crackdown on tax evasion and avoidance


Wednesday, August 10th, 2016

To preface this article, it should be clarified what “tax evasion” and “tax avoidance” is. Tax evasion is the act of avoiding tax by disregarding taxation laws and not reporting taxable income. Abusive tax avoidance refers to tax planning to unfairly minimize taxes payable. Many individuals typically express concern regarding the latter, as aggressive tax planning by unsavoury advisors takes advantage and twists the rules of taxation to produce a “too good to be true” scenario that has no legitimacy in the Income Tax Act.

READ MORE NOW...




Recent Posts

August 10th. 2017
Who can file Joint Tax Returns in the United States?

August 8th. 2017
Recent proposals to amend the Income Tax Act

July 31st. 2017
Employee Recognition

July 24th. 2017
Bye-bye Income Splitting: Government Proposes Changes To The Taxation of Private Corporations

July 11th. 2017
HST and Importation within the Provinces

CATEGORIES

T1 Checklist T1 Checklist
News 
Community Action 
2005 - 2014 - Past Blog Posts 

ARCHIVE

 

At S+C Partners we take a holistic view of our client relationships to ensure that our clients needs are met on a timely basis.
S+C Partners LLP provides full service accounting services including assurance,  taxadvisory  and information technology  to support our clients financial commitments, minimize tax liabilities, optimize profitability and automate business processes to clients in Mississauga and the Greater Toronto Area.

Taxation   Assurance   Advisory   ERP Solutions   Disaster Recovery   Business Continuity   Microsoft Dynamic Navision / NAV

Home | Legal and Privacy | Sitemap | Contact | Google+
All content © 2017 S+C Partners LLP