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【Cross-Border Tax】CANADA: Accounting firm loses judicial challenge to information demand on offshore ‘unnamed persons’

The Federal Tax Court of Canada has ruled that the tax authorities acted properly in ordering accounting firm Zeifmans to disclose information and documents on unnamed ’entities owned, operated, controlled or otherwise connected to’ a family which it advised. Zeifmans challenged the Canada Revenue Agency’s (CRA’s) authority to issue the demand without judicial authorisation, but ...

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