Senate of Canada – Canada Revenue Agency unable to tackle overseas tax evasion: Senator Downe
The Canada Revenue Agency (CRA) is up to its old tricks: misleading
Canadians and not upholding its responsibilities to collect taxes owed
to our country by those hiding their money overseas. When tax cheats are
not caught, charged and convicted, and money owed isn’t collected, we
have less money to invest in our priorities while the rest of us pay
higher taxes to make up the shortfall.
Canadians and not upholding its responsibilities to collect taxes owed
to our country by those hiding their money overseas. When tax cheats are
not caught, charged and convicted, and money owed isn’t collected, we
have less money to invest in our priorities while the rest of us pay
higher taxes to make up the shortfall.
Why the federal government allows this state of affairs to continue
year after year remains a mystery. The government talks tough, “overseas
tax evasion is a high priority”, “we will catch you if you cheat” and
other reassuring words. Their results, however, speak for themselves:
they have none.