A Calgary businessman was linked to a massive document leak and tax-evasion investigation by the Canada Revenue Agency on Thursday.
Properties owned by Wen Tao Yang, 50, and his wife, Rong Catherine Lu, were identified as locations the CRA searched in relation to the investigation, according to court documents made public Thursday.
Yang lives in Calgary, while Lu resides in Vancouver, the CRA said.
Together, they are shareholders in several Canadian companies and other companies registered in the British Virgin Islands and China. The two are also each listed as shareholders in other Canadian and foreign corporations, the CRA said.
Their properties in Calgary, Vancouver and the Toronto area were searched by the CRA in connection to the Panama Papers, a 2016 anonymous leak of more than 11 million documents that revealed financial details of thousands of offshore entities.
“The CRA is committed to protecting Canada’s revenue base and … (taking) appropriate action to address