Statement – Minister of National Revenue welcomes the Offshore Compliance Advisory Committee’s recommendations and observations on the Agency’s response to the Panama and Paradise Papers leaks

OTTAWA, June 11, 2019 /CNW Telbec/ – The Honourable Diane Lebouthillier, Minister of National Revenue, today issued the following statement:

“I thank the Offshore Compliance Advisory Committee (OCAC) members for their work and invaluable input in advising me and the Canada Revenue Agency (CRA) on the important topic of offshore tax compliance. The CRA has already made important program and policy changes as a result of the committee’s work.

Tax evasion and aggressive tax avoidance know no borders and our Government is committed to cracking down on tax cheating, here in Canada and offshore. The CRA supports all seven of the recommendations contained in the recent letter from the OCAC on how the Agency responded to data leaks of taxpayer information. The CRA also appreciates that the OCAC recognizes the various challenges the Agency faces in reviewing and taking action on leaked data.

The information in the

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