After hearing from 12 witnesses, the Senate Finance Committee has passed a bill put forward by Charlottetown Senator Percy Downe.
Downe’s Bill, the Fairness for All Canadian Taxpayers Act, has been referred back to the Senate for the final vote. If it passes the Senate at Third Reading, the Bill would then be sent to the House of Commons.
Bill S-243 would require the Canada Revenue Agency to report on all convictions for overseas tax evasion, as well as to report to Parliament regularly on the tax gap.