Minister, yesterday you told the House that when it comes to U.S. taxes owed by Canadians under FATCA, the CRA will not assist the IRS in collecting U.S. taxes.
If this is the case, why does your budget bill include penalties against dual Canada-U.S. citizens who fail to provide their U.S. tax identification number to the Canadian government? Why does Canada need the U.S. tax identification number if we're not helping the U.S. collect taxes?