New Canadian Media

Offshore Dealings: What you need to know about?

Written by  Salam Toronto Friday, 15 April 2016 07:00
Rate this item
(0 votes)

Toronto - The so-called Panama Papers data leak shows how major banks helped clients create companies in offshore tax havens, raising questions about the legality of offshore operations.

Here’s what you need to know about offshore dealings and tax evasion:

What is an offshore company?

The term offshore is quite literal. It refers to a company that is largely owned by residents of one country, but is located and operates outside that nation’s borders.-

Salam Toronto

Read Full Article

Poll Question

Do you agree with the new immigration levels for 2017?

Yes - 30.8%
No - 46.2%
Don't know - 23.1%
The voting for this poll has ended on: %05 %b %2016 - %21:%Dec

Featured Quote

The honest truth is there is still reluctance around immigration policy... When we want to talk about immigration and we say we want to bring more immigrants in because it's good for the economy, we still get pushback.

-- Canada's economic development minister Navdeep Bains at a Public Policy Forum economic summit

Zo2 Framework Settings

Select one of sample color schemes

Google Font

Menu Font
Body Font
Heading Font

Body

Background Color
Text Color
Link Color
Background Image

Top Wrapper

Background Color
Modules Title
Text Color
Link Color
Background Image

Header Wrapper

Background Color
Modules Title
Text Color
Link Color
Background Image

Mainmenu Wrapper

Background Color
Modules Title
Text Color
Link Color
Background Image

Slider Wrapper

Background Color
Modules Title
Text Color
Link Color
Background Image

Scroller Wrapper

Background Color
Modules Title
Text Color
Link Color
Background Image

Mainframe Wrapper

Background Color
Modules Title
Text Color
Link Color
Background Image

Bottom Scroller Wrapper

Background Color
Modules Title
Text Color
Link Color
Background Image

Breadcrumb Wrapper

Background Color
Modules Title
Text Color
Link Color
Background Image

Bottom Menu Wrapper

Background Color
Modules Title
Text Color
Link Color
Background Image

Bottom Wrapper

Background Color
Modules Title
Text Color
Link Color
Background Image
Background Color
Modules Title
Text Color
Link Color
Background Image