Mr. Stéphane Bonin at the Finance Committee

On February 28th, 2018. See this statement in context.

February 28th, 2018 / 5:25 p.m.

Director, Criminal Investigations Division, Criminal Investigations Directorate, International, Large Business and Investigations Branch, Canada Revenue Agency

Stéphane Bonin

I do not think that the tax information sharing agreements hinder our work. On the contrary, I think that there is a lot to be gained in signing new agreements with as many countries as possible.

In 2018-19, a new Common Reporting Standard for the automatic exchange of financial account information will come into effect. I think that this will really increase tax information sharing and that the CRA will benefit from this a great deal in its audits and investigations.

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