For years, ultra-wealthy Canadians have been setting up offshore shell companies in the Isle of Man so they can dodge taxes back home. Now, MPs on the House of Commons finance committee appear ready to try to dismantle the shield of secrecy surrounding those companies.
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Over the last decade, Canadian tax and private client
practitioners have faced an ever-increasing amount of international
and cross-border inquiries. Canada s rapidly changing
demographics are partially responsible for this trend. The
country s largest city, Toronto, and the region surrounding it,
is the most ethnically diverse place in the world. Roughly half of
the Toronto area s population is foreign born and belongs to a
visible minority group. Similar demographic shifts are also at play
in other major Canadian urban centres, including Montreal and
Vancouver.
Unlike Canada s neighbour to the south, the country is not a
tax-preparation services
In addition, many regular accountants have different levels of
tax expertise, most notably when it comes to tax return
preparation.
Canadian Tax Lawyers and Full-Time Tax CPAs
Both Canadian tax lawyers and tax CPAs generally practice
full-time in the income tax field and there is some overlap in
their education and in the tax services they provide. They both
studied income tax in a detailed way. They will both typically have
taken the CICA in-depth tax course.
Some Canadian tax lawyers have a further recognition from the
Law Society of Ontario which confers the designation of Certified
Specialist in Taxation on Ontario tax lawyers that meet its
Artemis Appoints Elise Rees to Board of Directors
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Artemis or, the
Company ) is pleased to announce the appointment of Elise Rees to the Company s board of directors.
Ms. Rees is an experienced director, having served on the boards of a number of profit and not-for profit organizations, including as board chair, treasurer, and audit and finance committee chair. She currently sits on the boards of Enmax Corporation and Great Panther Mining, where she chairs the audit committee.
Ms. Rees retired from Ernst & Young LLP in June 2016 after a 35-year career in professional accountancy. She spent eighteen years as a partner with Ernst & Young, LLP with the last 14 years of her tenure focused on acquisitions, mergers and corporate reorganizations. She has a breadth of experience in a large variety of industries with specific focus on mining, infrastructure, transportation, technology, real estate, retail and distribution.