Canadians who fibbed on taxes come forward in record numbers - Macleans.ca
 

Canadians who fibbed on taxes come forward in record numbers

Tax dodgers with offshore tax havens are fessing up more than ever


 

More Canadians than ever before are confessing to having dodged taxes, according to an investigation by iPolitics. Numbers from Canada Revenue Agency reveal that 12,128 people declared unpaid taxes in 2009-10—up nearly 14 per cent from 2007-08. The unreported income amounted to $1.8 billion, resulting in $550 million in federal taxes. Disclosures are increasing on all fronts, but most significantly in the category of offshore bank accounts. Former revenue minister Jean-Pierre Blackburn attributes the increase to his publicized efforts to obtain lists of Canadian clients of banks in offshore tax havens like Switzerland and Liechtenstein.

Vancouver Sun

iPolitics


 
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Canadians who fibbed on taxes come forward in record numbers

  1. Finally, some good news.

  2. The Mulroney syndrome

    • or Paul Martin.

  3. Wonderful.I think many of them having been getting away with thousands of dollars for years and costing our federal government
    coutless sums of losses in taxes..

  4. Former revenue minister Jean-Pierre Blackburn attributes the increase to his publicized efforts to obtain lists of Canadian clients of banks in offshore tax havens like Switzerland and Liechtenstein.

    What? Do you mean it wasn't just a belated sense of responsibility and/or conscience?

    • There is no statute barred limit when intentionally hiding income, so I do hope the CRA looks into several years of these people. I further hope they don't waive interest.

  5. these dopes are all bagmen who will get paid for fessing up prosecution or not

  6. Meanwhile…the UBS whistleblower responsible for exposing many of the worlds rich tax-cheats, is still in prison and calls for leniency have been rejected by the US court. Why would anyone attempt to reveal such a scandal in the future if they think they will be blamed and imprisoned for it?

    The mainstream media can now feign indignation as they realize that such a challenge to wealth and power is not going unpunished.