Ottawa vows to lift corporate secrecy in bid to stop tax evasion and money laundering
19 Jul 2017

Federal Finance Minister Bill Morneau says secret corporate ownership in Canada will soon end with new rules compelling Canadian company owners to reveal themselves in government filings — a public policy move widely viewed as crucial in the battle against tax evasion and money laundering.

But he would not commit to making the identities of Canadian corporate owners public.

Advance your CPD minutes for reading this article, by signing up and using the CPD Wallet

FREE CPD Wallet

You must be logged in to post a comment.

This site uses Akismet to reduce spam. Learn how your comment data is processed.