Tax evasion – Investment Executive https://www.investmentexecutive.com Canada's news source for financial professionals Mon, 30 Sep 2024 18:32:15 +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 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

The post Man convicted in the U.K.’s first crypto ATM case appeared first on Investment Executive.

]]> 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

The post Swiss bank settles U.S. tax evasion charges appeared first on Investment Executive.

]]> 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

The post Lawyers exempted from mandatory disclosure regime until Charter challenge decided appeared first on Investment Executive.

]]> 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

The post CRA solidifies notifiable transaction list appeared first on Investment Executive.

]]> 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

The post Canadian companies transferred $120B to Luxembourg: study appeared first on Investment Executive.

]]> 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

The post CRA offers minor relief on reportable transactions appeared first on Investment Executive.

]]> 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

The post IRS plans crackdown on 1,600 millionaires to collect back taxes appeared first on Investment Executive.

]]> 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

The post Liberals introduce legislation to create corporate ownership registry appeared first on Investment Executive.

]]> 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

The post IRS seeks crypto tax cheats appeared first on Investment Executive.

]]> IRS seeks crypto tax dodgers https://www.investmentexecutive.com/news/from-the-regulators/irs-seeks-crypto-tax-dodgers/ Tue, 16 Aug 2022 20:45:56 +0000 https://www.investmentexecutive.com/?p=449763 Court authorizes agency to collect information on possible tax evasion by crypto traders

The post IRS seeks crypto tax dodgers appeared first on Investment Executive.

]]>