Canada Revenue Agency's Tax Gap Study Shows Canadians Hid Up To $240 Billion Offshore
Canadians have squirreled away potentially hundreds of billions of dollars in offshore tax havens, avoiding up to $3 billion in taxes annually, according to new numbers from Canada Revenue Agency. The agency estimates Canadian had between $75.9 billion and $240.5 billion in tax havens in 2013. That number is only for individual taxpayers, and doesn’t…