Canada moves to criminalise 'reckless' behaviour by advisers

Pedro Gonçalves
clock • 2 min read

The Canadian federal government is pushing to criminalise 'recklessness' from tax professionals as it continues to bolster its tools and resources to detect and prosecute tax evasion and money laundering. According to the 2019 budget, Canada is "cracking down on tax evasion and aggressive tax avoidance". It will do this through "significant investments" which will "strengthen the Canada Revenue Agency's (CRA's) ability to unravel complex tax schemes, increase collaboration with international partners, and ultimately bring offenders to justice." This plan includes and amendment extendi...

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