Hidden camera reveals offshore tax scams

A CBC investigative report has revealed how rogue accountants, bankers and lawyers help tax cheats conceal money offshore.

Read:

CRA cracks down on tax evasion

Tax evasion costs EU 200 billion euros a year

The report is based on an undercover, hidden camera ‘sting’ operation and highlights one case involving a Swiss-Canadian banker who outlined a “virtually untraceable” scheme for keeping large sums off the books.

Read more here.

Also read:

IRS fails to collect from tax evaders

New deal to expose more U.S. tax evaders

OECD targets tax evasion

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.