Minister of National Revenue gives press conference on new offshore initiatives

On April 11, 2016, the Minister of National Revenue, Diane Lebouthillier gave a press conference on the government’s new initiatives to combat tax avoidance and evasion. The government has committed $444 million to these new programs, which include hiring more auditors and specialists to focus on aggressive tax planning and “high-risk” taxpayers. The government has also established the Offshore Compliance Advisory Committee, which will advise the Minister and the CRA on “additional administrative strategies for offshore compliance”.

Prepared by: Jennifer Flood

Jennifer Flood represents clients in the most high-stakes tax disputes Jennifer is a partner practicing in the firm’s Vancouver office. She represents companies and individuals in complex tax litigation, in both the civil and criminal contexts. She guides her clients… more »