The following is now available on the CRA Web site: Whether you are a hairdresser, a carpenter, a fisherman, a waiter or waitress, or anyone else who earns part or all of your income in cash, you should know that all of your income is taxable. The Canadian tax system is based on voluntary compliance and you are responsible for declaring all of your income regardless of whether it appears on a T4 slip. To ensure that all Canadians pay their share of taxes, the Canada Revenue Agency (CRA) conducts specific audits in areas where cash transactions are prevalent. The
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