CRA publication on “Using Tax Havens to Avoid Paying Taxes -Worth the Risk?”
Posted by Mark Blumberg on 04/06 | comments (0) | permalink | forward to a friend
Published under: Canadian Charity Law
Published under: Canadian Charity Law
Abusive tax schemes involving tax havens or secrecy jurisdictions undermine our tax system and all the program that are supported by taxes - not to mention impose additional burden on other taxpayers. I thought that this sentence from the CRA publication on “Using Tax Havens to Avoid Paying Taxes -Worth the Risk?” is interesting that “For tax shelters that involve gifting, CRA audits have determined that 96% of these arrangements make use of tax havens.” Here is the file rc4507- “Using Tax Havens to Avoid Paying Taxes -Worth the Risk?”
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