S9 E06: Taxing Troubles: The Hidden Impact of Evasion – The Great Heist
Description
Are tax evasion and tax fraud the same? How do they impact the lives of Canadians? This episode will discuss the alarming consequences of tax illegal practices and the effective solutions to combat them.
Hear from John Oakey, Chartered Professional Accountants CPA Canada’s VP Tax, on challenges and solutions while dealing with taxing troubles.
Key Takeaways:
- Learn the difference between tax fraud and tax evasion
- Find out more about individual forms of tax evasion
- Learn how tax evasion hurts individual Canadians and businesses.
Additional Resources:
- Reporting suspected tax or benefit cheating in Canada: Overview – Government of Canada
- Report offshore tax cheating: Overview – Government of Canada
- How to report CRB fraud to CRA – CRB Canada
- 2022+ Underground Economy Strategy – Government of Canada
- Tax evasion, understanding the consequences – Government of Canada
- Enforcement notifications: compliance actions – Government of Canada
- Tax blog
The views expressed by our guests are theirs alone and not necessarily the views of CPA Canada. This is a recorded Podcast. The information presented is current as of the date of recording. New and changing government legislations and programs may have come into effect since the recording date. Please seek additional professional advice or information before acting on any podcast information.