FinCEN Files reveal Canadian connection to global financial crime, corruption
It’s not only financial institutions that enable illicit activity, but weak government policies.
Report: Corporate Canada Surpasses $380 Billion in Top 12 Tax Havens
Report
The total amount Canadian corporations reported in their top 12 tax havens soared to a record high of $381 billion in 2019. Despite political pressure following international scandals such as the Panama Papers and repeated promises from governments to get tough on tax havens, analysis of Statistics Canada’s latest foreign direct investment data shows that use of tax havens by Canadian corporations keeps on rising.
Ombudsman says tax system mistreats vulnerable people
Canada’s tax ombudsman is sounding the alarm ove
CERB penalties show tax system treats people and corporations differently
According to recent news reports, the federal government plans to bring in penalties, including jail time, for individuals who submit fraudulent CERB claims.
The Triumph of Injustice
Author(s): Emmanuel Saez, Gabriel Zucman
Publish Date: 2020
A comprehensive view of America’s tax system and vision for its reinvention.
Organizations call for COVID-19 transparency, accountability, and anti-corruption measures
Canada must not only maintain, but strengthen conditions on public funding and improve transparency and accountability.
Poll finds majority of Canadians want corporations, the very rich to help pay for COVID-19 recovery
Three in four Canadians endorse a wealth tax to help cover rising COVID-19 costs, according to a new Abacus Data poll
The Fraser Institute’s ‘Tax Freedom Day’ is flawed, and reminds us that corporations contribute less
The Institute doesn’t acknowledge that taxes are what keep our society functioning, both in good times but especially in crises like this one.
The Fair Tax News, 12 May 2020
12 May 2020
Sign up to receive these monthly newsletters.
Photo: Jeff Bezos, Amazon owner and one of the richest people in the world. Amazon, which is notorious for avoiding taxes, is among those corporations profiting during the pandemic. Steve Jurvetson, flickr
The Fair Tax News, 12 May 2020
By Erika Beauchesne
Super wealth tax, excess profits tax among progressive policies to tackle inequality