Tax avoidance costing Canada up to $25B a year: PBO | Canadians for Tax Fairness
For the second time this week, experts are sounding the alarm on the multi-billion-dollar cost of tax dodging. Today’s Parliamentary Budget Officer’s report
suggests Canada is losing up to $25 billion or more a year in tax
revenues from multinational corporations avoiding taxes through tax
havens.
suggests Canada is losing up to $25 billion or more a year in tax
revenues from multinational corporations avoiding taxes through tax
havens.
“Canadians are being robbed of investments to health care, childcare,
education and green infrastructure – all of which the government could
afford if it were to get serious about cracking down on tax avoidance,”
said Toby Sanger, executive director of Canadians for Tax Fairness.