Federal assistance: aid to firms that use tax havens?

Of canadian companies operating in tax havens are not excluded from the 73 billion dollars in financial assistance programs for business offered by the Trudeau government because of the COVID-19.

Justin Trudeau does not seem inclined to follow Denmark and Poland, who have announced that they would give no aid post-pandemic to the companies that make avoidance or tax evasion.

If, in Poland, the prime minister Mateusz Morawiecki has clearly indicated that 25 billion pln (a bit less than 8.5 billion) allocated in emergency aid will go only to companies that pay taxes in Poland, not in tax havens “, Justin Trudeau has held a very different speech on Tuesday.

Asked whether he could guarantee that the $ 73 billion $ of Ottawa does not fail in tax havens, the prime minister has dodged the question. “We don’t want to judge if a worker works for a small hardware store independent or a large international chain of hardware store,” said Mr. Trudeau.

Rizqy smarting

This statement stung to the quick, the tax advisor and member of provincial parliament Marwah Rizqy. “No courage, no leadership, but especially when you “evaded” a question about taxation and tax evasion, it becomes an accomplice of these companies “, launched the former candidate of the party of Justin Trudeau. The member of the QLP has also strongly criticized the minister of the Prosperity of the middle class, Mona Fortier, who has also avoided answering this question on Monday.

Avoidance and tax evasion are major problems for the States, who see huge sums of their escape. According to the organization european Fair Tax Mark, alone, Amazon, Facebook, Google, Netflix, Apple and Microsoft have “avoided an aggressive manner” US $ 100 billion (nearly $ 142 billion CDN) in income tax from 2010 to 2019.

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