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Recent inTAXicating Posts:

Ottawa estimates corporations dodged up to $11.4 billion in 2014 tax payments

Very interesting article published on June 18th, 2019 via the Canadian Press, regarding what appears to be Canadian Corporations avoiding the payment of $11.4 billion dollars in taxes owing to the CRA. My initial reaction to that headline was likely similar to what others who saw this headline probably felt – that corporations are not […]

Happy Father’s Day!

Happy Father’s Day to all of the father’s out there! Make today the day that you brighten the day of someone who is a father or has been a father to you and wish them the best today. Also remember that in most cases, there is a mother behind the father, so be sure to […]

Winnipeg insulation company to pay nearly $500K in fines and back taxes for tax evasion

The Canada Revenue Agency (CRA) has announced on their website that a Winnipeg-based insulation company has been fined after underreporting its taxable income by more than $1 million. The CRA’s Investigators found irregularities in the books and records of Thermo Applicators Inc., such as, that the company’s president included personal expenses in the company’s books, including […]

Gifting Scheme Conviction. Be Careful With Your Hard Earned Money!

A Coaldale, Alberta man has been arrested for fraud after allegedly being one of the central figures in a so-called “gifting” scheme which has taken in about 500 individuals across the province of Alberta. Gifting schemes have been under the microscope at the Canada Revenue Agency for over a decade, and in all cases, the […]

BC Land Developer and Builder Sentenced For Tax Evasion

May 3, 2019 – Vancouver, British Columbia The Canada Revenue Agency (CRA) has announced that Willi Isaak of Anmore, British Columbia (Canada), has been sentenced to pay a $23,100 fine after being found guilty on two counts of tax evasion and one count of making false statements under the Income Tax Act, and one count of goods and services tax […]

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