OTTAWA WHITE COLLAR CRIME LAWYER – Tax evasion is a serious offence in Canada, and it frequently involves storing money in private off-shore bank accounts.
Over the last few days, the details of many off-shore accounts – namely those with one particular bank in Switzerland – were handed to tax authorities, leaving the account-holders subject to investigation for evading taxes.
A computer security specialist was fired from a HSBC private bank in Switzerland after pleading for more transparency. He provided the French government with the names of roughly 80,000 individuals holding off-shore accounts with the Swiss bank.
Out of the lengthy list of names, a significant 1,785 are Canadians. A spokesperson for Canada’s Minister of National Revenue indicated that French authorities have provided the government with a list of individuals, from that pile, who may be using the accounts for tax evasion purposes.
Tax evasion can take on a number of forms including filing false returns, destroying accounting books, or failing in any other way to comply with the Income Tax Act.
If you are contacted or questionedabout possible involvement with tax evasion or other financial crimes, you should speak with an experienced white-collar crime lawyer about your options, your rights, and how to proceed. For more information on financial crime, contact the Ottawa criminal defence lawyers by email [email protected] or by phone at (613) 233-4529.