January 31, 2011 (40th Parliament, 3rd Session)

LIB

Ken Dryden

Liberal

Hon. Ken Dryden

With regard to a possible tax evasion scheme in Liechtenstein known as "Project Jade" and the information that, as of June 10, 2010, Canada Revenue Agency (CRA) was informed that 106 residents of Canada have over $100 million dollars in accounts in Liechtenstein and subsequently reassessed 26 cases which revealed a total of approximately $5.2 million in unpaid federal taxes, interest, fines and penalties: (a) what is the breakdown of the $5.2 million assessed from the 26 cases, specifically in (i) unpaid taxes, (ii) interest, (iii) fines, (iv) penalties; (b) how much of the $5.2 million has been collected; (c) how many of these cases are under appeal; (d) how many cases remain open; (e) how many of the 26 cases have been closed, meaning that the full amount of taxes, interest and penalties have been collected; (f) what is the breakdown (money collected in taxes, interest, fines and penalties) for each case; (g) how many of the account holders in the 26 cases have made partial payments and, of these partial repayments, what was the (i) largest amount, (ii) smallest amount, (iii) average amount; (h) how much does CRA anticipate it has yet to collect in (i) taxes, (ii) interest, (iii) fines, (iv) penalties; (i) with regard to the amount of money contained in the Liechtenstein accounts declared or discovered by the CRA, what was the (i) largest amount, (ii) smallest amount, (iii) average amount; (j) on what date was the CRA first made aware of the names of Canadians with accounts in Liechtenstein; (k) on what date did CRA begin its investigation; (l) on what date was the first audit of an individual account holder done; (m) how many of the 106 Canadians with accounts in Liechtenstein have had these accounts audited, reassessed or been the subject of compliance action; (n) how many of the 106 Canadians with accounts in Liechtenstein have not been audited, reassessed or been the subject of compliance action; and (o) how many tax evasion charges have been laid?

Topic:   Routine Proceedings
Subtopic:   Questions Passed as Orders for Return
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