The Fair Tax News, 14 January 2021
14 January 2021
A new study out of the U.K. has provided further proof that corporate tax cuts have been a multi-billion-dollar failure.
Major tax reforms needed to curb excessive CEO pay, inequality in Canada
For the third year in a row, Canadian corporate executives made more than 200 times the average worker’s salary, according to the annual CEO compensation report by the Canadian Centre for Policy Alternatives.
Corporations Making Record Profits in the Pandemic
Report
INTRODUCTION
Analysis by Canadians for Tax Fairness reveals that 34 large Canadian corporations have record high profits during the first three quarters of 2020. [1] These companies added a combined $8.1 billion to their bottom lines. Record profits have allowed these companies to increase their cash holdings by $11 billion.
The Fair Tax News, 8 December 2020
8 December 2020
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C4TF recently released a report that found Canada’s billionaires increased their wealth by 28% during the pandemic, adding $53 billion to their fortunes at a time when millions of Canadians are struggling to get by.
Report: It's Time To Tax Extreme Wealth Inequality
Summary
Report
The Fair Tax News, 3 November 2020
3 November 2020
In the federal government’s fall fiscal update we’ll be looking for the Trudeau government to follow up on fair tax commitments they made in the September speech from the throne
Presentation: Tax Justice in Times of Crisis
How pleased I am to talk with all of you at Tax COOP - this really excellent conference.
The Fair Tax News, 25 September 2020
25 September 2020
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Photo: Governor General of Canada Julie Payette prepares to deliver the Speech from the Throne, which included a number of tax fairness measures. Credit: Sgt Johanie Maheu, Rideau Hall
25 September 2020
By Erika Beauchesne
Important commitments for tax fairness in Throne Speech
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.