Cracking down on tax evasion and avoidance

By |January 11th, 2017|Uncategorized|0 Comments

What the CRA is doing to crack down on tax evasion & aggressive tax avoidance: •Reviewing high-value money transfers as they cross borders to and from Canada (Electronic Funds Transfers (EFTs) over $10,000) and studying specific offshore locations and certain financial institutions                                                                                                                                                                                                                                                          Since January 2015, the Government of Canada has required financial institutions to report [...]