Middle-income jobs, from waitresses to used-car salesmen, have been under scrutiny recently after numerous instances of middle-income tax avoidance. Canada Revenue Agency (CRA) efforts have been directed towards finding techniques for eradicating such an “underground economy” and targeting the tax evaders. If caught, these tax evaders face serious fines and penalties from the federal government. In B.C. the CRA has focused on the Peace River region, where they have found hundreds of middle-income earners who have avoided paying taxes.
To read the full story visit the Financial Post article here.