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Archive by Month: June 2017

Dealing With Tax Evasion: Canada is Aggressively Pursuing Evaders

Offshore Account Update

Posted in on June 30, 2017

The use of offshore bank accounts has long been a common tactic by investors who want to keep some of their wealth private and who may not want the IRS to know about every asset they own.  In recent years, however, countries nationwide have been cracking down on the practice of offshore banking as a method of tax evasion or tax avoidance. This has made it difficult or impossible to keep offshore accounts private and to ensure the accounts do not come to the attention of taxing authorities.

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