Re: Paradise Papers
Posted: Nov 6th, 2017, 5:13 pm
Funny the right dont want to put any blame on mulruney yet hes in there
maryjane48 wrote:Funny the right dont want to put any blame on mulruney yet hes in there
alfred2 wrote:maryjane48 wrote:Funny the right dont want to put any blame on mulruney yet hes in there
how do you know?He and creten martin all the ones that helped set our tax laws. Now we have the worst prime minister in history his son the pm doing the same. Name them all not just one.
You won't find the name Justin Trudeau in the leaked documents that sparked an international furor over tax avoidance, the prime minister insisted Thursday during a brief stop in northern Ontario.
Trudeau, in Sudbury, Ont., to make an infrastructure announcement, said he has been fully open with Canadians about the investments he holds.
The prime minister was unequivocal when asked directly whether he or any of his family members hold cash or investments in offshore accounts.
"No, we do not," Trudeau said as some in the audience chuckled. "I have been entirely and completely transparent about my and my family's finances."
Trudeau said the Panama Papers have highlighted the concerns that people around the world have about political leaders and other powerful corporate figures using offshore accounts and tax havens to avoid paying taxes.
And he pointed to measures announced in his government's first fiscal plan as proof that he is determined to find tax cheats.
"In this budget, even before the Panama Papers came out, we had allocated an extra $440 million to the Canada Revenue Agency to ensure they are empowered to go after tax avoidance," Trudeau said.
Canadians expect their leaders to show they are worthy of their trust, while leaders need to trust Canadians enough to share details about the assets they hold, Trudeau said without directly mentioning anyone implicated in the scandal.
A massive leak of more than 11 million documents from Panama-based law firm Mossack Fonseca — one of the world's largest creators of shell companies — has been dogging political leaders around the world.
The unprecedented leak of details about assets being held in tax-sheltered offshore accounts had one of Canada's biggest lenders, the Royal Bank, on the defensive this week over its ties to the law firm.
Media reports have linked hundreds of wealthy Canadians to the controversy.
hobbyguy wrote:GF - reminder: http://o.canada.com/business/federal-government-plans-to-slash-millions-hundreds-of-staff-from-canada-revenue-agency-compliance-programs
Yup. Harper and his minions did lots to make this problem go away - NOT.
There are indeed logical, legitimate and reasonable reasons for individuals/corporations to have offshore accounts. E.G. if they own properties and/or businesses abroad and require liquidity for international purposes.
There are also some shady uses. Harper and crew did less than zero to curb them.
I don't have an answer other than more enforcement by CRA.
The Green Barbarian wrote: Since some left wing posters fail to be unbiased lets review. When this comes up all we hear from left wingers is how legal it all is and a good thing for canadians . But. If its someone they dont like then all of a,sudden it is crime haha .