Refine by MP, party, committee, province, or result type.

Results 1-15 of 21
Sorted by relevance | Sort by date: newest first / oldest first

Finance committee  Does the U.S. consider Canada a tax haven? Maybe not now, but when we prove to them that we have hundreds of thousands of Canadians whom they believe are U.S. persons who are tax evaders, will they not change their focus and look at us very hard after that?

May 13th, 2014Committee meeting

Prof. Allison Christians

Finance committee  It is not our job, I don't think, to change the U.S. law. We cannot change the law. What we can do is decide what we as a government are willing to do with respect to our citizens.

May 13th, 2014Committee meeting

Prof. Allison Christians

Finance committee  Yes, you have this law. You also have the law, which is called the revenue rule, that says that Canada will not lend assistance to any other country in their tax rules, and constructively that must mean that we do not hand people over, put them in a pen, put a spotlight on them a

May 13th, 2014Committee meeting

Prof. Allison Christians

Finance committee  That is a question that I think--

May 13th, 2014Committee meeting

Prof. Allison Christians

Finance committee  The courts will have to decide, and they will decide it. There is litigation, though, on both sides of the border on this and I think they will decide that. But I think we also have time. We have time to study these issues. I would love to have time to think about that and give a

May 13th, 2014Committee meeting

Prof. Allison Christians

Finance committee  I don't disagree with Mr. Berg. He's absolutely right that the banks have a choice, and they have to make their own choice as to whether or not they're going to fulfill the obligations placed upon them. I'm talking about something different. I'm talking about what the Government

May 13th, 2014Committee meeting

Prof. Allison Christians

Finance committee  Well, section 241 of the—

May 13th, 2014Committee meeting

Prof. Allison Christians

Finance committee  The difficulty is that the Income Tax Act is very clear in the manner and circumstances under which a person can furnish confidential taxpayer information. The circumstances under which they can do that is under a tax treaty or a listed international agreement. So that is a proce

May 13th, 2014Committee meeting

Prof. Allison Christians

Finance committee  It's a false dichotomy. Is it this or that, or neither of them? It is not a question of whether we have to deal with FATCA. FATCA is U.S. law. The question is, what will Canada undertake to lend assistance to the United States? That is a different question. We can solve that prob

May 13th, 2014Committee meeting

Prof. Allison Christians

Finance committee  What are we undertaking, as a government? That's the question we need to ask.

May 13th, 2014Committee meeting

Prof. Allison Christians

Finance committee  Thank you for the question. The constitutionality of this is an issue of expertise that really goes beyond my pay grade. There are privacy and discrimination concerns raised. I'd like to just state, however, that we should remember that we do not have an anti-discrimination pr

May 13th, 2014Committee meeting

Prof. Allison Christians

Finance committee  That is correct. That is what the revenue role is. That is the common law in Canada. You will find that principle in the U.S. tax treaty. You will find that principle in the mutual assistance tax treaty. You will find that in principles of public international law. Nothing should

May 13th, 2014Committee meeting

Prof. Allison Christians

Finance committee  No, that's one—

May 13th, 2014Committee meeting

Prof. Allison Christians

Finance committee  One option is to argue about who should be defined in what law. The other is to invoke an established precedent, an established rule that we have, which is about what the CRA will do, not what the Canadian financial institutions will do—they will do what FATCA says—but what the

May 13th, 2014Committee meeting

Prof. Allison Christians

Finance committee  There is no authorization in the act then there is no reason that I can see why you would not be risking potential liability.

May 13th, 2014Committee meeting

Prof. Allison Christians