Majority of Canadians would pay cash to dodge tax: survey
A Bank of Canada employee holds the new $20 bill at the bank in Ottawa, Wednesday May 2, 2012. (Adrian Wyld / THE CANADIAN PRESS)
Published Wednesday, September 19, 2012 11:29AM EDT
OTTAWA -- A new survey suggests most Canadians are prepared to cheat the tax man by paying contractors cash under the table if they have the chance.
The survey for H&R Block Canada found 55 per cent of respondents saying they would opt for the cash option to avoid sales taxes.
And they are not overly guilty about it either. Only 30 per cent said they thought the avoidance wrong.
The findings are worrying if understandable, says an H&R Block tax analyst, because there can be serious legal penalties for tax avoidance.
A majority of the 1,500 adults polled also said they should not have to report bartered or traded services of goods and services, and that waiters and waitresses need not pay tax on their tips.