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4 Jun 2021

Wealthy KPMG clients continued to dodge taxes for years after CRA detected offshore ‘sham’

Author: admintech | Filed under: Finance/ Money
Marshall Cooper

In 2010, Canada Revenue Agency auditors unearthed a scheme they called a “sham” that ultra-rich Canadians were using to dodge taxes. But previously unreported court records obtained by CBC’s The Fifth Estate and Radio-Canada’s Enquête show it didn’t stop then. Some taxpayers continued to exploit the tax dodge for several years without officials realizing.