
April 26, 2006
CRA debunks common tax myths!
In a recent taxpayer alert, the Canada Revenue Agency has issued a warning about certain tax myths being propogated by "a small number of unscrupulous individuals and groups... many of them claiming that you can lawfully refuse to pay taxes or file a tax return".
CRA advises Canadians:
"Be wary of such claims because they are based on faulty arguments and are not supported by law. Accepting them as fact could have serious legal implications for you, including fines, penalties and even jail time, plus any taxes and interest owed."
Some of the most common tax myths are identified in the taxpayer alert on the CRA website at:
http://www.cra-arc.gc.ca/newsroom/alerts/2006/a060425-e.html
Posted by John Williamson, Canadian Taxpayers Federation [permalink]
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