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Canada targets corporate tax avoidance in offshore havens, enacting new rules to recover up to $15B annually.
Canadian parliamentarians are probing corporate tax avoidance via offshore havens, estimated to cost Canada up to $15 billion annually.
The government has introduced a 15% global minimum tax, restrictions on interest deductions, and stronger CRA enforcement, aiming to generate billions in new revenue.
Despite these steps, challenges persist in distinguishing legal avoidance from illegal evasion, with critics warning complex rules may backfire.
Experts suggest simpler, more transparent systems like public country-by-country reporting—used in Europe and Australia—could improve results, but no definitive solution has yet emerged.
Canadá apunta a la evasión de impuestos corporativos en paraísos fiscales en el extranjero, promulgando nuevas reglas para recuperar hasta $ 15B anuales.