A globally coordinated day of action to put a stop to the suspected facilitation of offshore tax evasion has been undertaken this week across the United Kingdom (UK), United States (US), Canada, Australia and the Netherlands.
A strong and independent media is essential to a well-functioning democracy. In today’s changing media landscape, Canadian news outlets need support as they evolve to meet the demands of a globalized, digital marketplace.
The Government of Canada committed in 2016 to calculate the tax gap, fully recognizing that it would help it better target its compliance activities and ensure a tax system that is fair to all Canadians.
The Honourable Diane Lebouthillier, Minister of National Revenue, today issued the following statement: “I thank the Offshore Compliance Advisory Committee (OCAC) members for their work and invaluable input in advising me and the Canada Revenue Agency (CRA) on the important topic of offshore tax compliance.
Leaders from five international tax organizations met in Washington, DC, this week to mark the one-year anniversary of the formation of the J5 and announce the results from its first year. The meeting coincided with a global cyber training event hosted by the United States at the World Bank.