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13 April 2016

Canada's Revenue Minister announces measures to combat aggressive tax avoidance and offshore tax evasion

National Revenue Minister Diane Lebouthillier held a news conference on April 11 to announce measures aimed at addressing international tax evasion and avoidance. Most had been previously announced in the March 22 federal budget, when the government allocated $444.4 million over five years to enhance the Canada Revenue Agency's (CRA's) ability to detect, audit and prosecute tax evasion at home and abroad.

A Tax Alert prepared by Ernst & Young Canada, and attached below, provides additional details.

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Document ID: 2016-0669

 

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