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Government Operations committee That could make up some of the difference. Also, the numbers reported by CRA are the gross amounts. For some individuals, there will be overpayments, and so the amount that is reported and the number that is reported could reflect that people will have to pay back a certain amoun
May 29th, 2020Committee meeting
Mark Mahabir
Finance committee Basically what we're saying here is that the T106 forms are not a reliable source of information for data analysis. A lot of the forms are incomplete, and we had to get the CRA to clean the data for us before our analysis. As well, there are certain outliers on the forms. There
June 20th, 2019Committee meeting
Mark Mahabir
Finance committee If we look at the list in table 3-5, we can see that it basically shows the revenues going into Canada from countries. On this list, there are a few jurisdictions where there is no corporate income tax, so there are revenues being earned by Canadians in jurisdictions where there
June 20th, 2019Committee meeting
Mark Mahabir
Finance committee As Yves said, there are a lot of holding companies in Luxembourg. There are also no withholding taxes on royalty payments and dividend payments. That's one of the reasons why we're having a lot of transactions with that jurisdiction.
June 20th, 2019Committee meeting
Mark Mahabir