The CRA says it plans to reduce the gap by more than half
Records shared as part of an effort to prevent offshore tax evasion
International group of tax authorities says "high end" financial firms are enabling tax evasion and other crimes
The request comes from Finnish tax authorities
Clients are becoming more demanding about structuring their wealth in tax-efficient but legal ways
The committee advises the CRA on strategies to combat offshore tax evasion and aggressive tax planning
Teams identified promoters of tax schemes as new investigative targets
Tax surveillance is now global. HNW clients need to know the rules — and the penalties — of non-compliance
The CRA is increasing efforts to collect taxes due on assets held offshore. Clients who fail to comply could face hefty penalties
Starting Sept. 17, the new property transfer tax will require people to report additional information if they purchase through a corporation or trust