Revenue Canada won't accept tax payments in cash after June 1.
They said it is because so few people pay that way. Probably because it's inefficient to set up cash drawers, change floats, and so forth, when they're seldom required.
One lady was furious, and is complaining to the P.M.
"The idea that our money in our country is not going to be accepted by our country is unacceptable. I do not have another government that I can go shop with," she said.
Sigh! Poor P.M. You try to be more efficient, and ... you run into this lady!
Babs, your link is to something far removed from a story about tax (either that or my computer has a one-track mind, like its owner)
Interesting story though. Most places here, in Britain, that object to cash payments in any largeish sum do so because of money laundering regulations e.g. the auctioneers Christies won't take more than £5,000 in cash over a twelve month period . Perhaps your government should encourage such payments. You never know, they might catch somebody !
The jockey, Lester Piggott, was jailed for tax evasion. His mistake was to settle with the Revenue by paying taxes and penalties with a draft drawn on an undeclared foreign bank account of which the Revenue knew nothing . He'd been using it to hide some more of his secret earnings So, there may be no limit to the stupidity or forgetfulness of tax evaders: a reason for your Revenue to ask for cash !
