Lack of fairness with overseas tax evasion: we pay the price
Our federal government must recognize that without a determined and effective effort to find and prosecute overseas tax cheats, there is no meaningful deterrent against this behaviour. The Australians have learned this lesson, and reaped the rewards. It is time for Canada to follow their lead.
The Government of Canada has been moving ahead with its plans to solve the deficit by cutting services to Canadians and yet, there are billions of dollars in taxable assets illegally hidden by some Canadians in overseas tax havens.
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