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.
National 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 the leak of 11.5 million records from Panamanian law firm Mossack Fonseca, the authenticity of which the firm has confirmed. The firm …read more
Source: National Newswatch
