Sentences with phrase «discourage tax evasion»

The G20 has been co-ordinating efforts to improve the sharing of information between countries in an effort to catch and discourage tax evasion.

The intent of FATCA is to discourage tax evasion by U.S. taxpayers who hold financial assets with non-U.S. financial institutions.

The G20 has been co-ordinating efforts to improve the sharing of information between countries in an effort to catch and discourage tax evasion.

Look for more money to be given to the Canada Revenue Agency to fight offshore tax evasion, an investment that has so far helped the CRA reap millions in extra tax dollars while at the same time achieving the aim of discouraging tax evasion by Canadians.

Look for more money to be given to the Canada Revenue Agency to fight offshore tax evasion, an investment that has so far helped the CRA reap millions in extra tax dollars while at the same time achieving the aim of discouraging tax evasion by Canadians.

Not exact matches

«While legislators had valid reasons for promulgating the PFIC regulations, namely to discourage US citizens from deferring or avoiding US taxation by investing in non-US corporations, the PFIC rules are over-inclusive In practice, the PFIC regime captures assets that do not facilitate the legislative intent of preventing tax evasion and tax deferral.