Newsgroups: can.general Path: utzoo!utgpu!tmsoft!mason From: mason@tmsoft.uucp (Dave Mason) Subject: Re: income tax tips #18: "But they let me claim it last year!" Message-ID: <1989Jan30.121016.29269@tmsoft.uucp> Followup-To: can.general Reply-To: mason@tmsoft.UUCP (Dave Mason) Organization: TM Software Associates, Toronto References: <1989Jan11.095319.12575@lsuc.uucp> <1989Jan16.105305.5278@utzoo.uucp> <1989Jan29.173547.25428@lsuc.uucp> Date: Mon, 30 Jan 89 12:10:16 GMT In article <1989Jan29.173547.25428@lsuc.uucp> dave@lsuc.uucp (David Sherman) writes: >... > An audit >needn't be feared. Also, note that even if an auditor reassesses >you adversely, there are avenues of appeal both within Revenue Canada >and to the courts which can be pursued. An article in Sunday's Toronto Star talks about a recent study by some law types at Osgoode Hall & UofToronto. It points out that even if you are caught, the courts will probably treat your $100,000 tax avoidance (or even tax fraud) much more favourably than some other hienious economic crimes (like a welfare mother not reporting the $200 extra she gets a month delivering papers to extend her welfare payments so she can live and still care for her children). The study also claims that 1 in 4 people do cheat to some extent on their taxes. ../Dave