Federal auditors have recovered about $78 million in unpaid taxes to date as a result of the Panama Papers leak. The Canada Revenue Agency said numerous audits and two criminal investigations are ongoing.

“We have completed 285 audits and we have reassessed the taxpayers for $77.5 million in taxes owing,” Cathy Hawara, assistant revenue commissioner, testified at the Senate national finance committee. “We have 143 audits still underway.”

Posted in

Valerie

Leave a Comment

You must be logged in to post a comment.