In the Name
of Allah,
Most Gracious, Most Merciful
Public
Awareness on
Taxation
By
Irshad
Mahmood – Director, Global Right Path
Every country has their
own taxation
rules for running their Governments. We must remember these rules are
made by human and there could be a few errors and confusions which the
general public doesn’t understand clearly. There might be a few issues
which even qualified accountants are unclear about possibly due to lack
of experience. If
hundreds of
thousands of civilians are trapped into any taxation rule, then it is
the Taxation Department’s mistake and they need to FIX THEIR RULES FOR
FUTURE, by
taking lessons from the past.
If they start going against the interest and wellbeing of the general
public, then there is a chance that the public will get
tensions/anxieties which may trigger medical conditions such as, High
Blood Pressure, Cholesterol, Diabetic problems, Thyroid issues, etc.
and in some extreme cases even deaths as well. It will surely
increase medical
costs on general public as well as governments. In regards
to
charitable donation, keep in mind if someone gets a $10,000
refund, he/she might have to donate around $5,000
to
get that, so his/her take-home refund is only $5,000
not $10,000.
They fall into this trap due to the Taxation Department’s wrong and
confusing rules, since they haven’t mentioned anywhere in that specific
rule that the department will start investigating these types of
charitable donations. One
of the main reasons why Government don’t fix it for future, could be
lawmakers which includes top level political parties/leaders might also
getting benefits from its loopholes and are unjustly protected, while
others fall into this trap and might get heart attack even in extreme
cases death etc., and it needs full investigations and fix
the system.
There
might be
many countries that have taxation issues which are not clear. Below are
just few examples:
CRA
-
Giving to Registered Charities 101: (It is a Trap and CRA will
investigate
you)
http://www.cra-arc.gc.ca/donors
1:
What's it all about? (Trap-1)
https://www.youtube.com/watch?v=L0fNFbGsZOQ&list=PLtrQWBgcbCehutramiEFtRjkNea53dQxC&index=1
2:
What's in it for me? (Trap-2)
https://www.youtube.com/watch?v=0hHBLvYxPBU&list=PLtrQWBgcbCehutramiEFtRjkNea53dQxC&index=2
3:
Where do I begin? (Trap-3)
https://www.youtube.com/watch?v=nGq_ZsIsdDw&list=PLtrQWBgcbCehutramiEFtRjkNea53dQxC&index=3
Revenue
Canada privacy breach leaks prominent Canadians' tax details:
https://www.youtube.com/watch?v=wAF4jm2znPo
https://www.youtube.com/watch?v=wAF4jm2znPo&list=PLB8dfColbCuqCgVY6Y2rCDaks9lFVRPnc&index=2
Urgent
CRA Tax Problem*Tax Audit*VDP*Tax Appeal*Tax Relief*Tax Garnishment*Tax
Amnesty
https://www.youtube.com/watch?v=eFnSpbaZTU8
Canadian
Crown Corporation investing in Luxembourg, a tax haven:
https://www.youtube.com/watch?v=0yUvFCJ-DqY
Uncensored
Copy of Public Sector Pension Investment Board - PWC¹s tax plan:
https://www.documentcloud.org/documents/1354551-pspib-luxembourg-tax-plan.html
Malcolm
Gladwell: The unheard story of David and Goliath
https://www.youtube.com/watch?v=ziGD7vQOwl8
140
Years Of Monetary History In 10 Minutes - Mike Maloney
https://www.youtube.com/watch?v=wD3KYlpE2lk
Please
share it with others for general public awareness to protect you, your
loved ones and your communities from this hidden trap. It is like spider web and
anyone may
be trapped very easily and become bankrupt.
If you have any knowledge about any other issues please share with
others as well, before it is too late and they become bankrupt.
Taxation
Departments must FIX THEIR RULES FOR FUTURE, by taking lessons from
past and working for the betterment of the general public.