Tuesday, December 12, 2017

REVEALING THE MONEY LOST TO TAX AVOIDANCE

A Liberal senator is asking the government's budget watchdog to flex his legislative muscles and take the Canada Revenue Agency (CRA) to court to reveal how much money is lost to tax avoidance.

The Parliamentary Budget Office (PBO) has been fighting with the CRA for five years for information to evaluate Canada's "tax gap," the difference between taxes that should be received and the amount that actually end up being collected.

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