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Canada, in general, is famous for massive tax loopholes and hiding income. It is not really a hk issue and is in the news on its own “merits” all the time. Ther
by gentleman11 6y ago
Canada, in general, is famous for massive tax loopholes and hiding income. It is not really a hk issue and is in the news on its own “merits” all the time. There are so many wealthy Canadians avoiding taxes that apparently the national debt could be cleared if we could find a way to make them pay
- qqn 6y agoYes, also so common that it has a name: https://wikipedia.org/wiki/Snow_washing https://wikipedia.org/wiki/Snow_washing "The global elite, as well as criminals and foreigners avoiding economic sanctions, can set up shell companies to 'make suspect transactions seem legitimate' under the cover of Canada's reputation for fiscal integrity."