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Canadian House of Commons Passes Motion Against Tax Havens

|Approved Changes|Canada
Canada

On 8 March 2017, Canada's House of Commons passed a motion calling on the government to take action against tax havens. According to a release from Canada's New Democratic Party (NDP) the motion targets wealthy Canadian individuals that have evaded tax through tax havens, as well as companies that are able to repatriate profits via tax havens to Canada tax-free. The text of the motion is as follows:

That, given the government loses tens of billions of dollars annually to tax loopholes, dedu…

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