top of page


5. Cash Deal Dog
.png)
.png)
Cash and
the Underground Economy
Sheldon’s Tax Tips #5
​
This is my brother Blaze he is always looking for a cash deal. I love him but he is not a licensed professional. Blaze is part of what CRA calls the “Underground Economy” aka moonlighting, working under the table and working for cash.
​
There are two types of cash transactions.
​
1. Purchasing goods or services at a legitimate business and receiving a receipt.
​
2. Purchasing goods or services without a receipt to avoid paying tax.
​
When you avoid paying the tax you are considered part of the “Underground Economy”
Consumers & Businesses can learn more about who is at risk from here.
bottom of page