They'd rather risk doing something sketchy and pay 6-figure fees than pay their share of keeping Canada healthy, safe and prosperous.
Ottawa (06 Mar. 2017) — “The motivation was simple: I don't want to pay tax.”
According to Canadians for Tax Fairness, that statement by a former KPMG tax-scheme client in a CBC Fifth Estate documentary, The Untouchables, sums up why the wealthy go to expensive tax lawyers and buy their offshore schemes.
Wealthy Canadians have more than $219 billion parked in the top 10 tax havens — and that doesn't even count those on the Isle of Man where theKPMG tax scheme was created. So we know that former client is not alone. The CBC names several high profile Canadians in their documentary, including an Order of Canada recipient and the owner of a Winnipeg confectionery giant.
But it also shows how Canada's Parliament let KPMG off the hook and failed to protect the interests of regular taxpayers. That includes Parliament failing to look at the secret deals negotiated by KPMG with the Canada Revenue Agency so that none of its wealthy clients would face serious consequences for attempting to defraud the government.
Tell the Prime Minister to investigate the KPMG tax scam
Prime Minister Trudeau has said “"Canada will have to do better” on fighting tax evasion. He can start by calling an independent investigation into the KPMG Isle of Man case.
Canadians for Tax Fairness are asking people to email the Prime Minister to tell him to launch an investigation of KPMG’s Isle of Man scheme and to lay charges if the evidence can be found to justify them.
The National Union of Public and General Employees (NUPGE) is one of Canada's largest labour organizations with over 370,000 members. Our mission is to improve the lives of working families and to build a stronger Canada by ensuring our common wealth is used for the common good. NUPGE