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The CRA recently signed a secret settlement with wealthy KPMG clients involved in an offshore tax scheme.  Do you agree with this?

Comments

I am outraged by this deception. I thought that a fundamental aspect of the tax code in Canada was that all tax payers were to be treated equally and with fairness and transparency. This action by the CRA is a flagrant violation of this tenet.

By Carlton S. on June 19, 2019

Another example of its not what you know but who you know that makes all the difference.

By Siegfried Merten on June 19, 2019

Another outrageous example of CRA’s “fair tax treatment” of Canadians…what a joke!!

By Pavel Tishchevskiy on June 19, 2019

This is a public matter. People have a right to know what was going on and what kind of under handed deal was made. So we can assume that KPMG is getting preferential treatment that is not fare!!!!

By Daniel on June 19, 2019

Decision should not be secret

By Gerry on June 19, 2019

I have a very hard time believing that a deal like this is in the public’s best interest, which is the mandate of Canada Revenue, and/or any Administrative agency related to the government. Justice should preempt these “deals”.

By Sandra Gibbs on June 12, 2019

Of course it isn’t right. CRA hounds single parents, seniors and the rest of us peons to death to collect what they think they are entitled to and they let these creeps get away with sending money out of the country. Are they buddies of the so-called Prime Minister as was Chretien’s Privacy Commissioner, George Radwanski? CRA wrote off $540,000.00 of a $600,000.00 debt for that liar because he was buddy-buddy with Chretien. These guys are probably the same. Meanwhile, have you tried dealing with CRA collections? A bunch of uncivilized, unprincipled thugs in my experience.

By Mitzi-Lynne Morgan on June 12, 2019

Another instance of “ the rich get richer”.
I don’t care who they are, but evading paying taxes is against the law. If these “rich people” have hidden there money/income in off shore accounts and are getting to pay less than their proper share, then the rest of Canadians should be allowed/afforded to not pay their full share of what they owe. What is “ good for the goose should be good for the gander”.

By Rick on June 12, 2019

It is highly unjust when large corporations are allowed to flaunt their size both in the tax courts and in the CRA’s world of tax collection.  Many a middle income taxpayer is severely penalized for errors and omissions while large corporations and national (large corporation) tax advisers contrive to evade taxes and get off with a sweetheart deal at the general taxpayers expense.Time to beef up the power to collect or else afford the less powerful taxpayer the same benefits.
The tax money that is uncollected is ours - not the government’s.

By George on June 12, 2019

Due to the fact this was an offshore tax scheme, an attempt to evade taxes which is an offense. I think the public have a right to know what was going on and what kind of under handed deal was made. Are KPMG getting preferential treatment I bet they are!!!!

By Dave on June 12, 2019

As a tax preparer for regular clients, this is just not right and clearly shows that the rules for regular Canadians is not the same as the well connected wealthy Canadians.  Well I guess I already knew that - shame on me.

By William Oliver on June 11, 2019

CRA is trying everything it can to catch those people who evade paying their share of taxes due. Although I feel that this makes those who avoid taxes accountable and will force them to pay their fair share, I feel it is an evasion of privacy. CRA has become Canada’s “Big Brother”  and is asking KPNG to be their tattletale source. What is CRA going to do next. I agree they are out of control and need to have someone step in and make them less intrusive

By Bob Kelley on June 08, 2019

CRA is trying everything it can to catch those people who evade paying their share of taxes due. Although I feel that this makes those who avoid taxes accountable and will force them to pay their fair share, I feel it is an evasion of privacy. CRA has become Canada’s “Big Brother”  and is asking KPNG to be their tattletale source. What is CRA going to do next. I agree they are out of control and need to have someone step in and make them less intrusive

By Bob Kelley on June 08, 2019

The CRA needs to be overhauled. Too much secrecy. All settlements are confidential. The tax act needs to be re-written to simply things.

By Bruce Perrins on June 06, 2019

This is a case of large firms using there resources to sway CRA.

CRA has many powers that they could have invoked, its a easy way out for CRA - Joe

By Joe Truscott on June 05, 2019

If I am not mistaken, all settlements made with the CRA are private so I don’t see how they could make an exception with this one just to satisfy public curiosity. KPMG are still maintaining that the payments were non-taxable so the CRA obviously thought the safest approach would be to reach a settlement (which would require dropping the penalties) rather than risk losing in court

By Peter Coles on June 04, 2019

This is no different than many other debt collectors, including CRA in the past. If you can negotiate payment of some sort today and avoid years of court battles and the resulting costs, it’s often a better route to go.

By David Barker on June 03, 2019