CRA signs secret settlement with wealthy KPMG clients involved in offshore tax scheme | CBC News
This, despite the Liberal government’s vow to crack down on high-net-worth taxpayers who used the now-infamous Isle of Man scheme.
The scheme orchestrated by accounting giant KPMG enabled clients to
dodge tens of millions of dollars in taxes in Canada by making it look
as if multimillionaires had given away their fortunes to anonymous
overseas shell companies and get their investment income back as
tax-free gifts.