News Archive
2017-10-16
Canadians for Tax Fairness welcomes the news that the government is going ahead with private corporation tax reforms. And the tweaks announced today sound reasonable. But a cut in the tax rate to 9% for small businesses is unlikely to do anything to boost jobs or the economy and could cost more than the savings from closing the private corporation tax loophole.
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2017-09-28
And calls on government to close other unfair and ineffective tax loopholes.
Dennis Howlett, Executive Director of Canadians for Tax Fairness appeared before the House of Commons Finance Committee at its September 26 hearing on Tax Planning Using Private Corporations. He supported the governemnt's proposed changes to limit the use of private corporations to avoid paying taxes, but called for further action to close other loopholes such as the stock option deduction, the capital gains exemption and the business entertainment tax deduction.
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2017-09-27
Ottawa, September 27, 2017 – Over 14,000 Canadians from across the country have signed the message to Minister Morneau stating: “We support your reforms to start making the wealthy pay their fair share in tax. These loopholes have let a small group of very wealthy Canadians take advantage of a system that wasn't meant to be used as a tax shelter for the rich.“
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2017-09-18
Organizations from different sectors across the country representing over 4 million Canadians have come together to form the new Coalition for Tax Fairness — in support of the federal government’s efforts to close unfair tax loopholes that allow some wealthy Canadians to reduce their taxes using private corporations. The group issued a joint statement today. Membership is open and the coalition is growing fast.
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2017-06-21
OTTAWA – Proposed changes to the Canada Revenue Agency’s Voluntary Disclosures Program are welcome but they don't go far enough.
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2017-06-14
KPMG. SNC Lavalin. These are only a few of the companies that have been awarded lucrative supply contracts from our federal government. Trouble is, they, and many other companies have used tax havens right under the government's nose. And the current rules do nothing to stop them from geting those contracts. It is time to change the rules and tell companies that tax haven use disqualifies them from taxpayer money.
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2017-06-08
It just got a little harder for multinationals to dodge taxes in the countries where they operate.
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2017-05-18
Want to know more about the secret deal between the Canada Revenue Agency and KPMG that exempted some of their tax dodging clients from fines or prosecution?
Sorry, those documents are missing.
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2017-05-08
"It's legal."
That's the cynical, shoulder-shrugging response corporate Canada and many politicians give when confronted with the widespread use of tax havens to avoid paying their fair share of taxes.
Well here's an idea - let's make it illegal. If you are in Nova Scotia at the end of the month, there's an opportunity to find out more.
