Five stories in the news for today, Nov. 6
Five stories in the news for Monday, Nov. 6
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CRA VOWS ACTION ON PARADISE PAPERS
The Canada Revenue Agency says it won’t hesitate to investigate new evidence of offshore tax evasion following a second massive leak of tax haven financial records. The leak of some 13.4 million records, dubbed the Paradise Papers, lifts another veil on the ways in which the wealthy — including more than 3,000 Canadian individuals and entities — stash their money in offshore accounts to avoid paying taxes. Among the names appearing in the records are former prime ministers Brian Mulroney, Paul Martin and Jean Chretien. Neither the CRA nor any court has determined the Canadians did anything wrong.