Presentation: Fair corporate taxes can help transition to a low carbon economy
There are a number of interesting developments we can look ahead to, and on which we have taken position.
Report: Financial Secrecy Index for Canada, 2020
Summary
Report
Despite some positive developments since the last report, Canada continues to play a role in the offshore system. The country still offers a very low effective tax rate for businesses and acts as a regulatory haven for the world’s extractive industries. Canada has a long history in the development of tax havens, but today it is becoming better known as a destination for money laundering (or ‘snow washing’), due to Canada’s weak rules over corporate transparency and beneficial ownership.
Canadians for Tax Fairness backs Resource Movement’s call to tax the wealthy
"We are the only G7 country without an inheritance tax. The richest 87 families have 4,448 times more wealth than the average Canadian family. By 10:09 a.m., Canada’s top paid 100 CEOs have earned as much as the average worker does all year..."
The Fair Tax News, 10 February 2020
10 February 2020
Canada recently dropped four points in Transparency International’s annual Corruption Perceptions Ranking, landing behind peers like Germany and Norway.
Expert panel recommends Canada level the digital playing field with tax on e-commerce giants
It's time for Canada to take a stand against large online multinationals and require them to pay their fair share.
How can we improve our tax system for working Canadians?
How does our system protect the rich while exploiting working Canadians? C4TF former Executive Director Toby Sanger argues that stronger measures against tax dodgers, tackling tax havens, redistribution of CEO pay, and investment in public services over private partnerships would go a long way to strengthening Canada's economy.
Related: Platform for Tax Fairness 2021, by Toby Sanger
The Fair Tax News, 9 January 2020
9 January 2020
In yet another delay of the progressive tax promises they made back in 2015, the federal Liberals have put off tightening one of the most regressive tax loopholes, the stock option deduction.
Report: Corporate Income Tax Freedom Day 2020
Report
INTRODUCTION
At a time when Canadian families are dealing with the hangover of bills and debts to pay after the holidays, corporate Canada has reason to celebrate.
Tuesday January 7th, 2020 at 8:56am is the time when Canadian corporations could have paid all their federal and provincial corporate income taxes out of their revenues for the year: “Corporate Income Tax Freedom Day.”
Unfair taxes help fuel exorbitant CEO pay packets
The Canadian Centre for Policy Alternatives (CCPA) annual CEO pay report reveals that a disturbing number of Canadian corporations now pay their top five executives more than they pay in corporate income tax.
The Fair Tax News, 9 December 2019
9 December 2019
MPs and Senators returned to Ottawa last week with the Liberal government delivering a Throne Speech to very mixed reviews.