Panama Papers

CP

Canada Has A Two-Tier Tax System And CRA Is Part Of The Problem

In regards to tax evasion and aggressive tax avoidance, the Canada Revenue Agency (CRA) should be part of the solution. At the moment, it rather seems to be part of the problem. Over the last few years, we have seen that the CRA institutionalized various practices, eroding the trust that Canadians place in it.
Dewald Brand, Miran for Oxfam

The Panama Papers Are A Feminist Issue

The Panama Papers provide further evidence of the scale of global tax dodging, and of its impact on poverty and inequality, particularly in the global south. Tax havens are estimated to be costing poor countries at least $170bn in lost tax revenues every year. This is essential money which could be paying for schools, hospitals, childcare or services to address violence against women. The realization of women's rights is not going to be achieved for free. UN Women have analyzed country action plans on gender equality and found that some are facing a shortfall of up to 90 per cent in the funds needed to achieve their goals
s-c-s via Getty Images

What The Panama Papers Have Shown The World

As the deadline looms for honest tax-paying Canadians to file their income tax, word comes this week that the wealthiest among us are going to extreme lengths to avoid paying their fair share. The Panama Papers, at 2.6 terabytes of data believed to be the largest-ever leak of documents, reveal the secret dealings of the world's rich and famous who avoid paying taxes. The scheme is to funnel cash through shell companies offering tax havens around the world. And Panama is just one of many examples.