February 2018

ISLAMABAD – The Supreme Court on Thursday formed a committee comprising the Federal Board of Revenue chairman, the State Bank of Pakistan governor and the Ministry of Finance secretary to prepare guidelines to bring back money illegally stashed in foreign countries by Pakistanis. A three-judge bench headed by Chief Justice Mian Saqib Nisar was hearing […]

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Investigators with the Canada Revenue Agency raided an address in West Vancouver Wednesday in connection with an investigation into possible tax evasion connected to the Panama Papers. CRA investigators went into the West Vancouver address with a search warrant Wednesday morning, assisted by the West Vancouver Police. The West Vancouver raid was one of three […]

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When news stories about offshore tax schemes from the International Consortium of Investigative Journalists (ICIJ) started appearing, more than 500 Indians were identified as having illegal companies in tax havens overseas, but reactions in India were fairly muted. Across the border in Pakistan, though, reactions were vastly different.  The stories broke in April 2016 and, […]

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On Tuesday the U.S. intelligence community testified to the Senate that Russia would continue to try to interfere in U.S. elections. The testimony once again drew attention to the Trump administration’s Russia approach, which came under criticism in January when it released the long-awaited Russian Oligarch List. The slapdash release of that list set off […]

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OTTAWA, February 15, 2018 – Tax experts say yesterday’s highly public raids by the Canada Revenue Agency, in connection with Panamanian law firm Mossack Fonseca and the Panama Papers data leak, are “incredibly rare,” and they question whether the CRA’s “extraordinary measures” are an exercise in public relations. “While I agree that the public needs to […]

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“Now comes the story of the Asiaciti promotional tour of America. A newly released trove of documents gives us an incredible insight into the city-by-city itinerary of offshore specialists marketing their wares to American clients. It has all the classics of an American road trip, from Los Angeles to Las Vegas and Miami!” the International […]

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ISLAMABAD: The National Accountability Bureau (NAB) informed the accountability court conducting corruption proceedings against former finance minister Senator Ishaq Dar on Wednesday that it plans to file a supplementary reference in the case.  Dar is accused by NAB of possessing assets disproportionate to his declared sources of income. A reference against him was filed in September […]

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The Canada Revenue Agency says it executed three search warrants Wednesday as part of a criminal investigation related to the so-called Panama Papers data leak. The CRA says in a statement that about 30 of its criminal investigators, as well as RCMP and West Vancouver Police, searched for evidence at undisclosed locations in Calgary, West […]

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The country’s opaque jurisdictions allow owners of private companies to remain anonymous and the firms to remain in the shadows Ashifa Kassam in Toronto Wed 14 Feb 2018 06.00 EST Last modified on Wed 14 Feb 2018 16.19 EST The frozen Lake Ontario with Toronto skyline in the background. Because of lax rules, ‘privately held companies can […]

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GTA: Vintage valentines at U of T’s rare book library showcase pre-Tinder romance A collection of almost 500 Valentine’s Day cards, with dates ranging from about 1830 to 1940, at the Thomas Fisher Rare Book Library are offering a glimpse into the history of romance. … read more at: https://www.thestar.com/news/canada/2018/02/14/cra-conducts-simultaneous-panama-papers-raids-in-the-gta-calgary-and-vancouver.html

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