Finance committee  In a short period of time, it's difficult to review the premise of the question, but in my area of responsibility, the audit branch at CRA, we focus disproportionately on large dollars and high-net-worth individuals. In our results, 60% of the dollars are coming from multinationa

Finance committee  What I would say is “empathy”. We started something called “People First” at the CRA, a whole agency focus to try to shift our culture. In the audit compliance functions, they're having a dialogue around using discretion. Discretion will always be subject to oversight and when Ca

Finance committee  I think it falls to me again to lead off. I'll talk about one initiative, which is the related party initiative. That's our focus on Canadians whose net worth is $50 million or more. We have increased the number of resources in that area, and we've also increased our ability to

Finance committee  Mr. Chair, yes, I'll make a start. One of the things the CRA has done is to publish a series of tax gap studies. When you talk about offshore, there's definitely offshoring by multinationals and there's offshoring by high-net-worth individuals. For the individuals, I think our e

Finance committee  Thank you for the question, Mr. Chair. I would say the combination of better data and access to additional sources of data that let us identify and then prove aggressive tax planning, co-operation with the Department of Finance to close the loopholes once we surface them, and ad

Finance committee  I think we have two forms of leads programs. We have a classic leads program, in which people would write in and provide information. We're not able to keep in touch with those taxpayers. We're not able to tell them what the outcome is. Those vary, from some very good leads to p

Finance committee  Not to my knowledge, no, and it would have been highly unusual if they had.

Finance committee  Right now we have 55 ongoing investigations that have an offshore tax element. I'm not trying to duck the number on convictions; I just don't have that number in front of me right now.

Finance committee  I'd be happy to do it.

Finance committee  Our work on the KMPG Isle of Man situation is ongoing, and I guess the details would be protected under section 241. I would just say that our work in that regard is ongoing.

Finance committee  Colleagues from the Department of Finance may have a view on this as well. I spend most of my time looking at Canadian residents who may owe tax to the CRA. I think what you're describing would be resident nationals of other countries that other tax authorities would be intereste

Finance committee  I believe the exact timeline—oh, go ahead, Trevor.

Finance committee  The first point I would make is that we're not idle. In other words, we haven't downed tools while waiting for the beneficial registry. We have legal tools at our disposition. We're able to do our own research. I mentioned the increased data that we're getting by looking at world

Finance committee  I think the key to understanding a tool like the beneficial ownership registry is to recognize how it helps. I think just announcing it deters some behaviour and change some behaviour, just as when we announced country-by-country reporting for multinationals. Many of them decided

Finance committee  Mr. Chair, to get at the root of the question, the facts of the case will decide whether criminal charges will be relayed or not. It's not a discretionary choice on the part of the Revenue Agency. In the case of the Bahamas leaks, it is zero.