Government of Canada Tables its Response to the Standing Committee on Finance on Efforts to Crack Down on Tax Cheats

(firmenpresse) - OTTAWA, ONTARIO -- (Marketwired) -- 02/23/17 -- Canada Revenue Agency
Canadians work hard for their money and the majority pay their taxes, but some wealthy individuals participate in complex tax schemes to evade paying their fair share. The Government of Canada is working hard to crack down on offshore tax evasion and aggressive tax avoidance in order to ensure a tax system that is more responsive and fair for all Canadians.
The Honourable Diane Lebouthillier, Minister of National Revenue, this week tabled the Government of Canada's response to the House of Commons Standing Committee on Finance's report entitled: The Canada Revenue Agency, Tax Avoidance and Tax Evasion: Recommended Actions. In doing so, Minister Lebouthilier accepted all the recommendations in the report, and reiterated the Government's commitment to combat tax cheating at home and abroad and to keep Canadians apprised of these efforts.
With the Government of Canada's investment of $444 million in the Canada Revenue Agency (CRA), the Agency is delivering concrete results.The Agency has already started the work to reassure hard working Canadians that wealthy taxpayers can't buy their way out of paying their fair share:
This announcement reinforces the Government of Canada's commitment to continue to build its capacity to crack down on tax evasion and aggressive tax avoidance. The Government has the tools to correct non-compliant behaviors as well as when appropriate, impose serious penalties; and, communicate transparently its activities and results to Canadians.
Quotes
"The Government of Canada is taking action to crack down on tax cheats. When some choose not to pay their share, it places an unfair burden on the tax system. We are sending another strong signal to tax cheats: that this behaviour will not be tolerated and they will face the full force of the law. Our Government will continue to update Canadians on these important actions to ensure a tax system that is responsive, fair and meets the needs of all Canadians."
- The Honourable Diane Lebouthillier, Minister of National Revenue
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Bereitgestellt von Benutzer: Marketwired
Datum: 23.02.2017 - 21:30 Uhr
Sprache: Deutsch
News-ID 526252
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