How the Isle of Man tax dodge scheme worked
The Isle of Man tax dodge scheme - a "grossly negligent offshore tax sham" involving KPMG - gets explained by C4TF then-Executive Director Toby Sanger.
The Isle of Man tax dodge scheme - a "grossly negligent offshore tax sham" involving KPMG - gets explained by C4TF then-Executive Director Toby Sanger.
CBC investigative journalist Harvey Cashore uncovered that the Canada Revenue Agency (CRA) recently reached an out of court settlement with wealthy KPMG clients who were caught using what the CRA called a grossly negligent offshore tax sham. This is a disturbing development for many reasons.
Why and how to build more robust, egalitarian institutions.
How the law shapes the distribution of wealth.
The hidden circulatory system flowing beneath the surface of global finance.
3 May 2019
Another tax deadline has come and gone, but in the remaining days for Canadians to file their taxes, C4TF squeezed in some good discussion about getting government to do the task for us.
The taxation measures in budget 2019 include:
While it may be months before world leaders look at the next stage of reforms, Canada now has a chance to step up and lead the way in implementing progressive tax structures that benefit everyone.
[This report was originally published on the website of Transparency International Canada, in collaboration with Publish What You Pay Canada. Our three organizations collaborate as The End Snow-Washing Coalition to fight tax-dodging, money-laundering, corruption and financial crime.]
Alexandria Ocasio-Cortez, the youngest woman elected to U.S. Congress, got the media and internet buzzing recently when she told TV host Anderson Cooper on CBS’s 60 Minutes that the U.S. should introduce a tax rate of 70% on incomes of over $10 million to help fund a Green New Deal.