While the criteria state that corporations that have been found criminally guilty of tax evasion can’t apply, the reality is that there are no large corporations in Canada that have recently been criminally convicted of tax evasion
Today’s announcement of applying conditions to federal funding for large companies is a step in the right direction, but it also raises more questions.
But greater transparency, more details needed to meet this commitment
Pressure is mounting on governments to ensure COVID-19 funding doesn’t go to companies that exploit tax havens or use public funds to pad their profits.
As France, Denmark and Poland announced they will refuse COVID-19 aid for companies using tax havens, the Canadian government must do more to ensure our public funds are not spent on tax-dodging corporations.
As the four-year anniversary of the Panama Papers nears, Canadians have seen little signs that the federal government has cracked down on international tax avoidance and evasion.
Just when you thought Hollywood’s remaking of the Panama Papers scandal couldn’t get any juicier, lawyers at the Panamanian law firm at the centre of the The Laundromat story are now suing Netflix
Governments around the world lose over US$600 billion in tax revenues every year from international corporate tax dodging – and many billions more from use of tax havens by wealthy individuals.
Grab the popcorn. The story of how an international team of journalists uncovered the Panama Papers is coming to the big screen with its North American premiere at the Toronto International Film Festival.
The #MauritiusLeaks tax haven leak from the International Consortium of Investigative Journalists (ICIJ) include just a few Canadian connections, but they are barely the tip of the iceberg of Canadian corporations using Mauritius as a tax haven for their operations in Africa.
