Posts Tagged ‘taxevasion’

Canadians with offshore holdings evade up to $3 billion in tax per year..

June 29, 2018

Wealthy Canadians with hidden offshore accounts are evading up to $3 billion in tax every year, according to the first ever estimate of the international tax gap by the Canada Revenue Agency, obtained by the Star.

In a report to be made public Thursday, the government estimates Canadian individuals are hiding between $75.9 billion and $240.5 billion in offshore tax havens and elsewhere, and not paying tax on it.

Corporate Canada Poured More Than $270B In Tax Havens Last Year

April 28, 2016

OTTAWA — Corporate Canada increased spending in its ten favourite tax havens by 17 per cent in 2015, according to new figures on direct foreign investment released Tuesday by Statistics Canada.


April 27, 2016