Tax Avoidance

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Tax Havens Impact Canadians Too

The money that pour into tax havens does not stay there, but is invested in various countries. However, any financial flow through a tax haven makes it tax-free, and any return on it tax-free as well. Corporations and wealthy individuals invest their finances through tax havens to avoid paying taxes or reduce their tax burden. Canada is no more immune to it than any other country.
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This Is How The Underground Economy Shortchanges Canadians

It may be tempting to pay for certain things in cash because we think that saving a few dollars here and there can't hurt; however, we fail to see the larger impact of what happens when we do. The underground economy makes it challenging to protect the country's revenue base and hinders the government's ability to keep taxes low. When people pay in cash, they skip out on paying the taxes that support things like healthcare, education and public transportation -- the very social services we rely on every day.
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Now You Can Snitch On Tax Cheats

VANCOUVER - The lines are now open to snitch on tax cheats.The federal Conservatives launched the hotline Wednesday, saying they'll also reward informants who provide information that leads to a big b...
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Why Does A Canadian Company Pay Its Taxes to Switzerland?

Cameco is a multi-billion Canadian company that mines Canadian uranium, uses Canadian-developed technology, and relies on Canadian transportation system. Cameco employees use the Canadian education system, the Canadian health system, and they rely on the stability and legal protection that a Canadian democracy provides. So why does Cameco only pay taxes in Switzerland?

The Depardieu Saga Is Oscar-Worthy

I've always enjoyed Gérard Depardieu as an actor, but his most recent role, as an international tax dodger, is pure Academy Award quality. For those unaware of his theatrics, Depardieu left France last month in a huff over its proposed 75% income taxes on rich people. This is ironic: His surname in French sounds like it could mean "departure of God" in English.