[Newsbot]

Title: Federal budget relies heavily on CRA recouping tax-haven revenues
Category: Political
Posted By: andyt
Date: 2016-03-24 09:03:33
Canadian

[andyt]

Good, this is sorely needed. Let's just hope the Libs don't back off once their big boy pals complain. the way the Cons did.

[DrCaleb]

CRA usually goes for the low hanging fruit. The little people who can't fight back.

I think they may have some scraps on their hands, trying to close those tax loopholes.

[andyt]

Which is why the budget contains money to beef up CRA's enforcement capablity. I just hope they really mean it this time, it's not just show. A few publicized cases big wins would do a lot to give the rest of the high rollers pause. And go after the enablers too. Despicable that KPMG has not been charged in the most recent case, but instead was there chumming it up with the Cons.