Friday, April 19, 2013
Dean Beeby, Canadian Press
Submitted by: Jon Gilbert

Wealthy Canadians Fess Up After Names Appear On Tax-Haven Lists

[Canadian Press] Wealthy Canadians with money stashed overseas have come forward in droves to confess their misdeeds after secret lists began circulating with the names of people apparently evading taxes in foreign banking havens.

[Canadian Press] The agency's voluntary disclosures program encourages taxpayers who have deliberately or inadvertently failed to pay their taxes to come forward. If the disclosure is accepted, penalties are waived and no legal action taken, as long as back taxes are paid.

Posted by Editor on 04/19/13 at 05:19 AM •  (0) Comments

Tags:  tax evasion, canada,

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