Wealthy KPMG clients continued to dodge taxes for years after CRA detected offshore 'sham' - News Summed Up

Wealthy KPMG clients continued to dodge taxes for years after CRA detected offshore 'sham'


Yet the CRA says in court filings that he paid little or no income tax between 1999 and 2010. KPMG said in a statement that its Isle of Man tax plan 'fully complied with all applicable tax laws.' KPMG tax partner Greg Wiebe testified in front of the Commons finance committee in 2016. Last month, KPMG's new head of tax, Lucy Iacovelli, also testified at the finance committee about the Isle of Man scheme. As finance committee chair, Liberal MP Wayne Easter blocked testimony during hearings into the KPMG tax dodge in 2016.


Source: CBC News June 04, 2021 07:52 UTC



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