News Archive
2016-09-08
"Does it come pre-loaded with a tax-dodging app?"
That was one of many reader comments to media stories of the launch of the IPhone 7. Will Apple's bad corporate behaviour affect consumer choice?
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2016-09-07
Is "too big to fail" turning into "too big to pay"? That's the billion dollar question posed on our opinion page by Canadian economist Armine Yalnizyan.
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2016-09-01
This week, Dennis Howlett talked with Radio Canada International's Lynn Desjardins about the widely publicized Apple tax dodge. In this interview he gives a clear explanation of what's going on there and what is happening here in Canada.
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2016-08-30
The European Union has kickstarted a pushback against the multinationals that are using every trick in the book to avoid paying tax.
After an intensive three-year investigation,the EU commission ruled that Ireland’s tax arrangements with Apple were illegal and provided up to a 13-billion-Euro subsidy ($14.5 billion) plus interest. And that ruling should be instructive to other governments.
How much corporate tax has Apple paid to Canada? Your guess is as good as ours. But estimates that the US government could be owed up to $60 billion send a clear message that Canada has likely dropped the ball on this issue.
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2016-08-08
Three months ago the Panama Papers made headlines(link is external) revealing a global web of tax dodging that touched every part of the globe - including Canada. The schemes were so blatant that they resulted in political resignations(link is external), law enforcement investigations and government promises to crackdown.
"If we can lay criminal charges, we will lay criminal charges.… nobody will be able to hide," promised Canada's Revenue Minister.
So has anything changed?
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2016-07-29
Canadians for Tax Fairness wants provincial premiers to clamp down on the growing use of anonymous companies as part of tax scams. The first step? A public registry of the beneficial owners of companies. That would be an important step towards global efforts to fight tax evasion and money laundering.
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2016-07-27
There is a court case going on in the US right now that is a Master Class in how super-corporations scam the tax system.
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2016-07-12
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2016-06-30
A court fines a young auditor for blowing the whistle on a major accounting firm, several Canadian multinationals, Apple, Starbucks and a former Luxembourg Finance Minister. Despite their covert tax schemes, the big guys are free to go but Antoine Deltour's career is in shambles. What's wrong with this picture?
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2016-06-19
The same KPMG lawyer who sent a gag order letter to the Parliamentary Finance Committee wrote to the Federal Court on behalf of CRA and KPMG "informing" the judge that both parties had agreed to another extension. The case is already three years old.