On 26 October 2016, Canada's House of Commons Standing Committee on Finance tabled its report on recommended actions to address tax avoidance and tax evasion. The report provides an overview of the Canada Revenue Agency’s (CRA) efforts to enhance compliance and address avoidance and evasion, as well as issues with offshore corporate structures and related witness testimony. It concludes with a number of recommended actions, which include:
- Conducting a comprehensive review of the advance tax …