Tax Evasion, Money Laundering And The CRA’s Use Of The ‘Proceeds-Of-Crime’ Method Of Collection – A Canadian Tax Lawyer Analysis – Tax – Canada

Introduction Recent History of Money Laundering and Tax
Evasion

If you’re a criminal they will catch you, as the saying
goes, they even managed to catch Al Capone on tax evasion. Of
course, the laws of tax evasion have seen as many developments
since the days of Al Capone as there have been developments in the
world of crime. Beginning in the days after 9/11, governments
throughout the world started cracking down heavily on the financial
side of organized crime and terrorism; specifically, the laundering
of proceeds of criminal activity. Shortly after the financial
crisis in 2007 in the United States, and in 2010 in Europe, a
greater level of political scrutiny has been aimed at tax evasion
schemes and aggressive tax avoidance. This has not only resulted in
various acts of vigilante justice, such as the release of the
Panama papers and the Paradise papers, but has also resulted

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