06/02/2017
Canada on Track to Collect $9.6 Billion in Offshore Tax Evasion Cases
We are building a stronger and more fair tax system, where those who choose to cheat are no longer able to hide and will face the consequences of their actions.
Tax
06/02/2017
Are You Hiding Money From the IRS Overseas? Be Very Afraid
The IRS is currently mining extensive data provided by banks in Switzerland and elsewhere to find scofflaws and their enablers.
05/31/2017
KPMG-linked offshore companies ordered documents destroyed amid CRA probe
Department of Justice had demanded accounting giant preserve all records
05/30/2017
Cut Corporate Taxes? This Is How the Biggest Companies Cheated on Taxes in 2016
The two banks combined to DEFER nearly $10 billion.
05/30/2017
Probe of Canadian tax cheats could lead to jail time
It’s the strongest signal yet that Canadians named in the Panama Papers could end up behind bars.
05/29/2017
Assets climb 23% to $3 trillion in good year for ETF providers
Vanguard Group's sponsored ETF assets grew 26.6% as of year-end 2016, to $611.8 billion.
05/28/2017
Overseas Tax Holiday For Tech Giants May Come With A Catch
There's trillions of dollars offshore
05/26/2017
Finance Minister Bill Morneau vows to close ’unfair’ tax loopholes
Commitment follows a Star investigation that detailed a culture of corporate secrecy that remains entrenched across the country.
05/25/2017
Data Mining to Find Tax Cheaters
That Swiss bank account may be closed—but it’s not forgotten.
05/20/2017
Canadian banks dominate Caribbean's unsavoury financial sector
The president-elect's firm is alleged to have had dealings with CIBC FirstCaribbean, a subsidiary of Canada's fifth biggest bank.
05/18/2017
Barbados remains Canada's top tax haven
Canadians for Tax Fairness has been tracking the amount of money shifted offshore for years.
05/16/2017
Federal government warned about perils of tightening tax amnesty program
People can also apply to the Canada Revenue Agency for relief of prosecution and penalties.
05/16/2017
Aga Khan island that hosted Trudeau owned by company with offshore ties, records show
Bahamas hideaway linked to web of companies in countries that impose strict financial secrecy.
05/16/2017
Federal government warned about perils of tightening tax amnesty program
The federal government has been loud in its plans to crack down on wealthy tax cheats and ensure Canadians pay their fair share.
05/16/2017
U.S. firms push Trump administration for lower tax rate
The lobyists are making an aggressive case that reducing the tax rate on offshore revenues to 10 percent from 35 percent.
05/15/2017
U.S. companies push hard for lower tax rate on offshore profits
The lobbyists are making an aggressive case that cutting the tax rate on offshore profits to 10 percent from 35 percent, as the administration has indicated it may favor, is not enough.
05/09/2017
Be wary of White House claims about tax plan Hi-Tech Chronicle
Republican tax plans always seem to provide massive tax cuts for the wealthiest Americans.
05/09/2017
Tax traps for unwary immigrants
The test for citizenship is relatively straightforward.
05/03/2017
Critical Anti-Tax Evasion Legislation Under Attack
The forum could have been an opportunity to spur reasoned debate to address some of the issues raised by FATCA.
05/01/2017
US Expats FACE FATCA Tax Filing Dilemma
The IRS would accept three years of filings and tax payments while writing off previous undeclared years and promising no legal action.