The move is part of the government's ongoing efforts to fight offshore tax evasion, said revenue agency spokesman David Walters. "The CRA is committed to combating the abusive use of offshore jurisdictions and protecting the integrity of the Canadian tax system." Two banks have agreed to give the federal revenue minister information from the accounts of a Caribbean financial institution to help the government crack down on Canadian tax evaders. The Trudeau government has won a round in its battle against offshore tax cheats. — to a Canadian bank account in her name.
Source: CBC News July 27, 2016 15:22 UTC