Tax evasion – Investment Executive https://www.investmentexecutive.com Canada's news source for financial professionals Fri, 13 Dec 2024 21:17:35 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://www.investmentexecutive.com/wp-content/uploads/sites/3/2018/01/cropped-favicon-1-32x32.png Tax evasion – Investment Executive https://www.investmentexecutive.com 32 32 Crypto tax evasion lands U.S. man in jail https://www.investmentexecutive.com/news/from-the-regulators/crypto-tax-evasion-lands-u-s-man-in-jail/ Fri, 13 Dec 2024 21:17:35 +0000 https://www.investmentexecutive.com/?p=498559 Texas man gets two years for failing to report capital gains on crypto trades

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]]> Man convicted in the U.K.’s first crypto ATM case https://www.investmentexecutive.com/news/from-the-regulators/man-convicted-in-the-u-k-s-first-crypto-atm-case/ Mon, 30 Sep 2024 18:31:35 +0000 https://www.investmentexecutive.com/?p=493634 Unregistered network enabled possible tax evasion, money laundering, regulator says

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]]> Swiss bank settles U.S. tax evasion charges https://www.investmentexecutive.com/news/from-the-regulators/swiss-bank-settles-u-s-tax-evasion-charges/ Tue, 05 Dec 2023 17:33:19 +0000 https://www.investmentexecutive.com/?p=476603 Banque Pictet to pay US$122.9 million in deferred prosecution deal

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]]> Lawyers exempted from mandatory disclosure regime until Charter challenge decided https://www.investmentexecutive.com/news/industry-news/lawyers-exempted-from-mandatory-disclosure-regime-until-charter-challenge-decided/ Thu, 30 Nov 2023 14:15:51 +0000 https://www.investmentexecutive.com/?p=476289 New regime requires every advisor involved in a reportable or notifiable transaction to make their own disclosure to the CRA

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]]> CRA solidifies notifiable transaction list https://www.investmentexecutive.com/news/industry-news/cra-solidifies-notifiable-transaction-list/ Wed, 08 Nov 2023 14:43:14 +0000 https://www.investmentexecutive.com/?p=474791 Tax advisors still on shaky ground as five sets of transactions are confirmed

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]]> Canadian companies transferred $120B to Luxembourg: study https://www.investmentexecutive.com/news/research-and-markets/canadian-companies-transferred-120b-to-luxembourg-study/ Thu, 02 Nov 2023 19:14:47 +0000 https://www.investmentexecutive.com/?p=474453 Some of the 59 companies avoiding tax were in the finance sector

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]]> CRA offers minor relief on reportable transactions https://www.investmentexecutive.com/news/industry-news/cra-offers-minor-relief-on-reportable-transactions/ Mon, 11 Sep 2023 14:31:18 +0000 https://www.investmentexecutive.com/?p=471310 The 90-day deadline for the first mandatory disclosures under the new law is Sept. 20

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]]> IRS plans crackdown on 1,600 millionaires to collect back taxes https://www.investmentexecutive.com/news/industry-news/irs-plans-crackdown-on-1600-millionaires-to-collect-back-taxes/ Fri, 08 Sep 2023 16:02:10 +0000 https://www.investmentexecutive.com/?p=471222 Artificial intelligence is playing a big role in identifying wealthy tax dodgers

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]]> Liberals introduce legislation to create corporate ownership registry https://www.investmentexecutive.com/news/industry-news/liberals-introduce-legislation-to-create-corporate-ownership-registry/ Thu, 23 Mar 2023 16:38:03 +0000 https://www.investmentexecutive.com/?p=462685 The goal is easier identification of owners who launder money, commit financial crimes or evade taxes

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]]> IRS seeks crypto tax cheats https://www.investmentexecutive.com/news/from-the-regulators/irs-seeks-crypto-tax-cheats/ Fri, 23 Sep 2022 20:54:38 +0000 https://www.investmentexecutive.com/?p=452103 Agency sees widespread tax evasion in crypto space

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