: :inin Kyiv (EET)

Ottawa to study gap in uncollected taxes in light of Panama Papers


Canada’s new National Revenue Minister Diane Lebouthillier is sworn-in during a ceremony at Rideau Hall in Ottawa November 4, 2015. REUTERS/Chris Wattie – RTX1URLS
OTTAWA – A senator who has crusaded against tax evasion has released recent correspondence from the revenue minister revealing the government’s plan to determine how much money Canada loses to tax dodgers.
Revenue Minister Diane Lebouthillier says in a Jan. 20 letter to Sen. Percy Downe that her department will try to estimate the value of Canada’s so-called “tax gap,” the difference between what is owed in taxes and what is actually collected.
The Charlottetown senator was responding to …read more

Source: Macleans

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