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Law in Québec quotes Nicolas Simard in an article on the Canada Revenue Agency’s voluntary disclosure program

Fasken
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“Tax authorities target undisclosed foreign assets” by Luis Millán, Law in Québec

Law in Québec quotes Nicolas Simard in an article about the Canada Revenue Agency’s voluntary disclosure program put in place to crack down on international tax evasion and aggressive tax avoidance.

In any case, “CRA’s objective is to put pressure on taxpayers but also to gather intelligence to help it to detect taxpayers who may have undeclared offshore income,” remarked Nicolas Simard, a Montreal tax lawyer with Fasken Martineau DuMoulin LLP.

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