CRA Releases Information on Audits and Criminal Investigations of Offshore Activities

On September 7, 2016, Honourable Diana Lebouthillier, the Minister of National Revenue, announced that the CRA is currently conducting audits of over 750 taxpayers and criminally investigating 20 cases of tax evasion related to offshore activities.

Read the full press release here:

Prepared by: Kyle Lamothe

Kyle is a partner in the Toronto office of Thorsteinssons LLP, Canada’s largest firm practicing exclusively in tax law. Kyle’s practice focuses on Canadian tax planning for businesses, individuals, and trusts, with a particular emphasis on high net worth families,… more »

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