In the wake of renewed media attention concerning offshore financial structures, the Canada Revenue Agency (CRA) is delivering the following statement to inform Canadians on the work and progress being made to combat tax evasion and tax avoidance.
The Honourable Diane Lebouthillier, Minister of National Revenue, delivered the following statement to update Canadians on the important efforts and progress made by the Government of Canada to crack down on tax cheats and ensure a tax system that is fair and responsive for all Canadians.
The Canada Revenue Agency (CRA) takes the protection of Canadians’ tax information very seriously. The confidence and trust that individuals and businesses have in the CRA is a cornerstone of Canada’s tax system.
The Canada Revenue Agency (CRA) takes the protection of Canadians' tax information very seriously. The confidence and trust that individuals and businesses have in the CRA is a cornerstone of Canada's tax system.
Diane Lebouthillier, Minister of National Revenue, delivered the following statement in response to the audit entitled, "Income Tax Objections" in the 2016 Fall Reports of the Auditor General of Canada tabled in Parliament today:
Update: To provide assurances that due diligence was followed, the CRA commissioned an independent third party to examine its processes and decisions in relation to audits of a tax structure by KPMG LLP and the CRA's efforts to obtain the names of all participating taxpayers.