Vancouver Sun: Vancouver housing: After dragging heels, Feds plan crackdown on tax cheats

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July 15, 2016 | Peter O’Neil and Gord Hoekstra

Quoted from the article:

Vancouver-Point Grey NDP MLA David Eby said the CRA has been asleep at the switch, failing to identify and penalize so-called low income owners of expensive houses that have avoided paying taxes.

The additional 85 auditors and support stafffor tens of thousands of households that need this type of complex audit work is “grossly inadequate,” said Eby, who has been a vocal critic of federal and provincial government action on the overheated

Vancouver housing market. In a written statement, the B.C. government said it supports the CRA’s efforts and is already sharing information, but did not respond to a Vancouver Sun question on whether it believed the CRA effort should be beefed up even further.

Read the full article:

http://vancouversun.com/news/local-news/feds-after-dragging-heels-plan-crackdown-on-vancouver-real-estate-tax-cheats