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Offshore tax evasion in Canada sparks government crackdown
CBC reports a vast offshore wealth net worth up to 32 trillion across 10 havens with Canada’s share near 7 billion. A Canadian senator and spouse were linked to confidential Cook Islands accounts via Bermuda investments. Finance Minister Flaherty pledges a tipline offering 15 percent of recouped taxes over 100k.
MENTIONED IN THIS ARTICLE
Caribbean
CBC
CBC News
Canada
Cook Islands
Bermuda
Blackbeard
al Capone
Jim Flaherty
Canada Revenue Agency
Ontario