Search - contravene

In our view, these plans are similar to the TIPP design and contravene one or more of the PA anti-avoidance rules contained in the Regulations. ...

Tax schemes are plans and arrangements that contravene the Income Tax Act. ...

Income Tax Act- Sections 239 and 241 239 (2.2) Every person who (a) contravenes subsection 241(1), or (b) knowingly contravenes an order made under subsection 241(4.1) is guilty of an offence and liable on summary conviction to a fine not exceeding $5,000 or to imprisonment for a term not exceeding 12 months, or to both. 239 (2.21) Every person (a) to whom taxpayer information has been provided for a particular purpose under paragraph 241(4)(b), (c), (e), (h), (k), (n), (o) or (p) (b) who is an official to whom taxpayer information has been provided for a particular purpose under paragraph 241(4)a), d), f), f.1), or j.1) and who for any other purpose knowingly uses, provides to any person, allows the provision to any person of, or allows any person access to, that information is guilty of an offence and liable on summary conviction to a fine not exceeding $5,000 or to imprisonment for a term not exceeding 12 months, or to both. 241(1) Except as authorized by this section, no official shall (a) knowingly provide, or knowingly allow to be provided, to any person any taxpayer information; (b) knowingly allow any person to have access to any taxpayer information; or (c) knowingly use any taxpayer information otherwise than in the course of the administration or enforcement of this Act, the Canada Pension Plan, the Unemployment Insurance Act or the Employment Insurance Act or for the purpose for which it was provided under this section. 241(10) In this section, "official" means any person who is employed in the service of, who occupies a position of responsibility in the service of, or who is engaged by or on behalf of, (a) Her Majesty in right of Canada or a province, or (b) an authority engaged in administering a law of a province similar to the Pension Benefits Standards Act, 1985. or any person who was formerly so employed, who formerly occupied such a position or who was formerly so engaged. ... Excise Tax Act – Sections 295 and 328 295(1) “official” means a person who is employed in the service of, who occupies a position of responsibility in the service of, or who is engaged by or on behalf of, Her Majesty in right of Canada or a province, or a person who was formerly so employed, who formerly occupied such a position or who formerly was so engaged. 295(2) Except as authorized under this section, no official shall knowingly provide, or allow to be provided, to any person any confidential information; allow any person to have access to any confidential information; or ©use any confidential information other than in the course of the administration or enforcement of this Part. 328(1) Every person who contravenes subsection 295(2), or knowingly contravenes an order made under subsection 295(5.1) is guilty of an offence and liable on summary conviction to a fine not exceeding $5,000 or to imprisonment for a term not exceeding twelve months, or to both. 328(2) Every person to whom confidential information has been provided for a particular purpose pursuant to paragraph 295(5)(b), (c), (g), (k) or (l), or who is an official to whom confidential information has been provided for a particular purpose pursuant to paragraph 295(5)(a),(d),(e) or (h), and who for any other purpose knowingly uses, provides to any person, allows the provision to any person of, or allows any person access to, that information is guilty of an offence and liable on summary conviction to a fine not exceeding $5,000 or to imprisonment for a term not exceeding twelve months, or to both. ...

Sufficient, specific and credible facts relating to the alleged international tax non-compliance, such as: the source and amount of undeclared income; details of offshore assets (for example: country(ies) where accounts or assets are held, name of financial institution, account numbers, foreign real estate address); details of trusts held offshore (for example: name of beneficiaries, type of trust, location held); the tax years involved; where applicable, a description of how the transactions contravene Canadian tax law; and a description of how you learned of or obtained this information. ...

If a person contravenes or fails to comply with the requirements of the Act, they may be subject to a penalty or face charges under the Act. ...

This practice may contravene paragraph 147.4(1)(a), which states that when a member elects to purchase an annuity, the annuity purchased must not be materially different than the benefits that would have been provided to the individual under the RPP. ...

Out of scope of the privacy impact assessment The investigations into allegations of employee misconduct that may be carried out by the Agency’s Investigations Program is not addressed in this PIA; Where fraudulent actions contravene the Criminal Code of Canada or the Financial Administration Act, other corrective measures may be taken by the Agency leading to criminal investigations and prosecution by other investigative bodies (i.e. ... In some cases, where fraudulent actions contravene the Criminal Code of Canada or the Financial Administration Act, other corrective measures may be taken by the Agency leading to criminal investigations and prosecution by other investigative bodies (i.e., RCMP). ...

Ultimately if the charity continues to contravene the Income Tax Act it does risk losing its registration. ...

Here's the mandatory information needed to be eligible for a reward: Information about each Canadian taxpayer who is the subject of your submission: legal name and any aliases date of birth (or approximate age) social insurance number or business number occupation marital status spouse's name, date of birth and social insurance number contact information (including street address, city, province, country, phone number(s)) Sufficient, specific and credible facts relating to the alleged international tax non-compliance, such as: the source and amount of undeclared income details of offshore asset(s) (for example: country(ies) where account(s) or asset(s) are held, name(s) of financial institution, account number(s), foreign real estate address) details of trust(s) held offshore (for example: name of beneficiary(ies), type of trust, location held) the tax year(s) involved where applicable, a description of how the transactions contravene Canadian tax laws a description of how you learned of or obtained this information Information about you as the informant(s): legal name date of birth social insurance number (if applicable) contact information (including street address, city, province, country, phone number(s)) legal representative for this claim, if applicable, and their contact information an indication of whether you are interested in participating in the program and in being eligible for a reward a complete description of the nature of the relationship between you and the alleged non-compliant taxpayer(s) whether you have made any previous submissions to the program; if so, list the case numbers 2. ...

The CRA defines the two terms as follows: Aggressive Tax avoidance or aggressive tax planning occurs in situations where a person reduces, defers or avoids tax, or increases the amounts of a refund or other amounts through a transaction or series of transactions that comply with the letter of the law but contravene the spirit and intent of the law. ...