Swiss Accounts and Wikileaks
Swiss Accounts and Wikileaks According to an article in the January 19, 2011 edition of the Toronto Star, a former employee at Julius Baer –… Read more
Tag: Unreported Income
Tax Evasion and Offshore Accounts
Tax Evasion and Offshore Accounts According to a report in the January 7, 2011 edition of the National Post, no Canadian taxpayers, whose names were… Read more
Another Record Year for VDP
According to figures from the Canada Revenue Agency (CRA), 2010 has been a record year for the Voluntary Disclosure Program. In the 2009-2010 fiscal… Read more
Credit Suisse Appeals Order
As reported in the November 22, 2010 Globe and Mail, Swiss Bank Credit Suisse is appealing an order to disclose information on unnamed taxpayers to… Read more
Tax on Offshore Cash
According to a CRA spokesperson, more than $33 million in undeclared income has been uncovered from Swiss bank accounts. Of that amount, almost $1 million… Read more
More on Offshore Accounts
According to an editorial by Diane Francis in the October 7, 2010 edition of the National Post, the Canada Revenue Agency has failed to… Read more
More Swiss Revelations
According to a report in the September 30, 2010 Globe & Mail, CRA has received information on approximately 1,800 Swiss bank accounts held by Canadians. The… Read more
Ebay Businessperson Convicted
On August 27, 2010, CRA announced that they had convicted an individual for failing to report business income from their business selling fur coats on… Read more
eBay Businesses
On April 10, 2010, the National Post printed an article regarding the tax implications regarding sales on eBay. The article examines the income tax implications that… Read more
Tax Evasion Charges Stayed
A New Brunswick man’s charge for failing to file a tax return was recently stayed by the Canada Revenue Agency. According to the Public Prosecutor… Read more
