Agency currently auditing many gifting arrangements
Investors purchased high-yield, offshore investments using allegedly tax free cash or proceeds from withdrawals of retirement funds
Tax shelter number no guarantee that taxpayers will receive proposed benefits
Revenue Minister announces the creation of 11 centres of expertise
Eightfold increase between 1990 and 2003
Proposed changes effective throughout the 2004 tax year, CRA says
Establish joint task force
Will also apply under tax regulations, rules and amendments