Thursday, May 10, 2018

New column day

Here, on how Canada is falling further behind the rest of the world on ensuring corporate transparency and recovering income stashed offshore.

For further reading...
- Transparency International's most recent report on beneficial ownership is here.
- Zach Dubinsky reported on both the UK's move toward transparency in its offshore territories, and Canada's complete lack of progress on the same issue at home. And lest anybody think the government hasn't been pressed on the issue, see the submissions of Canadians for Tax Fairness to the Finance Committee as discussed here.
- Dubinsky has also contrasted the hundreds of millions of dollars recovered by other countries in the wake of the Panama Papers against the lack of any definite numbers from the CRA.
- Finally, the study by Annette Alstadsæter, Niels Johannesen and Gabriel Zucman on the amount of money stashed offshore by the .01% is summarized here. And CTF's latest Canadian numbers based on traceable assets can be found here.

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