Revenue Canada Writes Off Over $2 Billion In Taxes Owed

Posted on Sunday, June 12 at 22:33 by whelan costen
Much of the money struck from the books was for stale accounts, many older than four years, which an internal audit said have been piling up unpaid since 2000. "Uncollectible accounts and aged inventory are two key areas that require attention to effectively manage the entire portfolio," says the draft audit from January this year, obtained under the Access to Information Act. http://www.mytelus.com/news/article.do?pageID=news_home&articleID=1952467

Note: http://www.mytelus.com/...

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  1. Mon Jun 13, 2005 5:43 am
    This is also from the article, "In addition to the unprecedented purge of bad debt, Canada Revenue Agency spent an additional $7.8 million in efforts to slow the rise in unpaid taxes, partly by finding new ways to chase reluctant taxpayers."

    Can this government really be expected to fund our programs,with this level of spending to fix obviously broken systems? How much has been spent on Gomery, how much lost in the corruption, how much spent on the Gun Registry? What about the EI situation? The list continues to grow! The obvious, to me anyway, observation, is that these people simply can't manage our money.

    ---
    If I stand for my country today...will my country be here to stand for me tomorrow?

  2. Mon Jun 13, 2005 6:21 am
    It's working for the banks Catherine:<br />
    <br />
    <a href="http://www.comer.org">www.comer.org</a>

  3. Mon Jun 13, 2005 7:09 am
    <a href="http://politicsofmoney.net/CreatingMoney.htm">http://politicsofmoney.net/CreatingMoney.htm</a><br />
    <br />
    The sooner people make the effort to learn some of the information contained at the above site the sooner change takes place<p>---<br> <br />
    "Once a nation parts with the control of its currency and credit, it matters not who makes the nations laws. Usury, once in control, will wreck any natio

  4. Mon Jun 13, 2005 3:04 pm
    big suprise...
    how much you want to bet that those are taxes owned by defrauding rich people, clever enough to stump the government?
    EI has 40 billion in the bank, yet our millitary crumbles.
    Yeah we are total slaves the international banking elite...its sad...

  5. by RPW
    Mon Jun 13, 2005 3:11 pm
    Sounds like a clarion call for flat-rate tax system........ <p><i>"As of March 31 this year, the federal government was owed $18 billion in overdue tax accounts About $8 billion of the outstanding taxes are owed by individuals; the rest are due from companies."</i></p> So corporations owe $10 billion, and individuals owe $8 billion . Yet personal backruptcies are up, and corporate bankruptcies are down: <pre><code>http://www.bankruptcycanada.com/bankstats1.htm</code></pre> <p><i>"One of the most significant changes in bankruptcies over the last few years is the remarkable decline in business bankruptcies and the even more remarkable increase in the consumer bankruptcy rate."</i></p> Can this simply be another corporate subsidy? If we instituted a flat-rate system, we wouldn't need the thousands of people Revenue Canada employs, and another little "empire" could be taken off the books. <p>---<br>RickW

  6. Mon Jun 13, 2005 6:52 pm
    This exact item is beginning to be a topic of discussion in the can.taxes forum of the google news groups:<br />
    <br />
    <a href="http://groups.google.ca/group/can.taxes/browse_frm/thread/34453f6fc47b8d53/5ba560f97667822f?hl=en#5ba560f97667822f">http://groups.google.ca/group/can.taxes/browse_frm/thread/34453f6fc47b8d53/5ba560f97667822f?hl=en#5ba560f97667822f</a><br />
    <br />
    The saddest thing here is that they only wrote off abut 50% of what they could have written off!

  7. Tue Jun 14, 2005 3:45 am
    Has anyone looked into this? (I hope it's not next on the agenda)<br />
    <br />
    What about a Worldwide IRS?<br />
    by Nathan Tabor,<br />
    Thursday, April 28, 2005 <br />
    <br />
    Tax time is behind us now, and most American citizens would be happy not to have to think about the taxman's hand in their pockets for another year. The IRS today is out of control. There are over 30,000 pages of tax code, and it takes an accountant or a tax service to file your taxes. <br />
    <br />
    Wouldn't it be nice if we could simplify the tax code and eliminate the IRS? Good news! The United Nations wants to do that for us. However, this creates another problem. The UN wants to create it's own global IRS. Yes, you read that right--the UN wants to control and impose a wide array of taxes, and ultimately to tax even your income.<br />
    <br />
    That's because the UN has its sights set on becoming a bona fide global government within the next few years. According to "the most trusted man in America," the famous CBS news anchor Walter Cronkite, "We must strengthen the United Nations as a first step toward a World Government."<br />
    <br />
    <a href="http://www.canadafreepress.com/2005/tabor042805.htm">http://www.canadafreepress.com/2005/tabor042805.htm</a><br />
    <p>---<br>These days, if you are not confused, you are not thinking clearly. Mrs. Irene Peters



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