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Keyword: Tax avoidance

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Entrance of historic bank building of Swiss bank Credit Suisse. Photo taken April 19th, 2021, Zurich, Switzerland.

Credit Suisse pleads guilty in connection with offshore tax evasion

tax penalty

Projected fiscal impact may be overstated, likely targets may miss the mark

CRA signage

Report outlines CRA communication failures that resulted in wasted time, effort, from taxpayers

New U.K. regime will be caught between policy promises and financial markets

Red alert

The revised anti-avoidance rules represent a shift in the CRA’s approach

Officials have no room to distinguish between cases driven by aggressive tax planning and those involving legitimate uncertainty

Banque Pictet to pay US$122.9 million in deferred prosecution deal

fraud

Proposed legislation extends reassessment period

The Federation of Law Societies of Canada argued that the new regime violates the Charter of Rights and Freedoms

Tax lawyers express concerns about overreach as Ottawa proposes to revamp the general anti-avoidance rule