tag:blogger.com,1999:blog-6398232680738279469.post4891815824011767387..comments2024-03-12T07:30:17.846-07:00Comments on The Tax Times: Your Offshore Confidential Information Is Being Delivered Daily to Tax Authorities - New Leak of Bahamian Offshore Files!Ronald A. Marini, Esq.http://www.blogger.com/profile/14304486100168506240noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-6398232680738279469.post-71149153059949998322016-09-28T09:33:12.101-07:002016-09-28T09:33:12.101-07:00CRA will seek court orders to identify Bahamian co...CRA will seek court orders to identify Bahamian company owners<br /><br />The Canada Revenue Agency (CRA) is expected to seek further court orders for the release of client information recently leaked from the official Bahamian company register, according to a Toronto tax litigation lawyer. The leak to the International Consortium of Investigative Journalists suggests that RBC, CIBC and Scotiabank have registered nearly 2,000 offshore companies and private foundations in the jurisdiction between 1990 and May 2016.<br />Advocate Daily<br /><br /><br />• The CRA has told the 2,671 Canadian residents under review as a result of the Mossack Fonseca data leak that they are not eligible for the offshore voluntary disclosure program. But taxpayers who have yet to be notified in writing that the CRA has started any enforcement action can still apply under the program. The CRA has launched 85 detailed audits of persons named in the Mossack Fonseca files, and has executed search warrants in some of them.<br />Globe and Mail<br /><br /><br />Ronald A. Marini, Esq.https://www.blogger.com/profile/14304486100168506240noreply@blogger.com