What is the possible jail time for tax evasion in Canada?
Sentences for those who were ordered to serve jail time for tax-related offences ranged from 1 month to 3 years. Released on the Canada Revenue Agency web site, Gordon O’Connor, Minister of National Revenue, and the CRA remind Canadians that not complying with the tax laws can result in serious consequences. “Not paying your taxes is against the law,” said Minister O’Connor. “The Canada Revenue Agency works hard to identify and correct non-compliance. This keeps the system fair for the honest Canadians who comply with the tax laws.” 2006-2007, Canada Revenue Agency (CRA) criminal investigations led to convictions in 245 cases of tax evasion, or 98% of the files prosecuted. Courts imposed fines totalling $13.4 million and sentenced 26 offenders to more than 37 years in prison. Sentences for those who were ordered to serve jail time for tax-related offences ranged from 1 month to 3 years. Convictions for tax evasion, including not filing tax returns and making false declarations, can res