Canada
North America | 11 Aug 17
US court upholds IRS penalty on US expat demanding tax refund
A US court has dismissed a complaint by an American citizen residing in Canada who claimed to have paid an unconstitutional penalty for failing to file the fiscal documentation required for his offshore business.
MSCI: UK worst performer in June
The UK was the worst performing single country index in June while Canada was the best, according to data by MSCI.
North America | 2 Jun 17
Canadian taxman to net $9.6bn in evasion clampdown
The Canada Revenue Agency (CRA) is on track to capture more than C$13bn (£7.5bn, $9.6bn, €8.6bn) in taxes owed after committing “important resources” to crack down on tax cheats, both at home and abroad, the country’s taxman has confirmed.
North America | 17 May 17
Canada vetoes best interest duty for financial ‘advisors’
Canada has abandoned plans to introduce regulation that would require people giving financial and investment advice to act in their client’s ‘best interest’.
Singapore investors report N America property scheme to police
Five Singaporeans, including two people in their 70s, who invested in a company offering attractive returns on real estate investments in the US and Canada, have reported the company to the police.