Mr. Speaker, the response from the Canada Revenue Agency, CRA, is as follows: In response to (a), since receiving the names of the residents of Canada identified as having bank accounts in Liechtenstein, the CRA is continuing compliance actions on all originally identified taxpayers related to the Liechtenstein accounts. Twenty-six audit cases have been completed.
The CRA is continuing to work collaboratively with other countries to address the abusive use of tax havens, aggressive tax planning and many other instances where taxpayers may be conducting affairs aimed at tax avoidance and evasion. As part of this work, the CRA continues to exchange information with other countries as permitted by legislation and tax treaties.
As a participating member of the Organisation for Economic Co-operation and Development, OECD, Canada actively seeks ways to effectively deal with the abusive use of tax havens.
The CRA is also an active member of the Joint International Tax Shelter Information Centre, JITSIC, and the Seven Country Working Group on Tax Havens.
In response to (b), based on information provided to the CRA, as of June 10, 2010, 106 residents of Canada who have accounts in Liechtenstein had been identified.
In response to (c), as of June 10, 2010, 20 residents of Canada who have accounts in Liechtenstein had availed themselves of the CRA's voluntary disclosures program.
In response to (d), up to June 10, 2010, of the 106 identified residents of Canada with accounts in Liechtenstein, 26 cases have been completed involving 68 individuals.
In response to (e), no Canadian account holders have been charged with tax evasion.
In response to (f), as of June 10, 2010, the CRA had reassessed 26 cases involving 68 individuals for a total of approximately $5.2 million in federal tax, interest and penalties. With the exception of files under appeal, all taxpayers have paid in full or made substantial payments against outstanding balances.