Scottish FA apologise after fans boo Liechtenstein national anthem

Wed, 08 Sep 2010 13:39:55 GMT

Wednesday, September 8, 2010

Wikinews Sports

Sources[edit]

"George Peat blasts fans for booing national anthem" — BBC Sport, September 8, 2010
"Scottish FA sorry after fans boo Liechtenstein national anthem due to God Save The Queen similarity" — The Daily Telegraph, September 8, 2010
"Scotland 2-1 Liechtenstein" — BBC Sport, September 7, 2010

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Alleged tax-haven scheme linked to Canada's largest brokerage firm

Wed, 16 Dec 2009 03:00:25 GMT

Wednesday, December 16, 2009

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In a continuing crackdown on tax evasion, the Canada Revenue Agency (CRA) has alleged that brokers with a branch of RBC Dominion Securities, Canada's largest brokerage company, helped clients set up accounts in the small European principality of Liechtenstein in order to avoid taxation on their wealth.

In affadavits submitted by the CRA, brokers with an RBC Dominion Securities office in Victoria, British Columbia, allegedly helped clients set up 16 offshore entities with a division of the LGT Group in Liechtenstein. While that is not a crime under Canadian law, auditors allege that the entities were used to help Canadians hide worldwide income. Thirteen individuals are either being audited or have made voluntary disclosures, admitting to tax evasion. The agency is presently investigating to see if there are any other individuals participating in this scheme. Regarding the inquiry, dubbed "Project Jade", the CRA will only say that it was launched on information from a "confidential informant".

RBC issued a written statement, saying "As a firm, we have never encouraged Canadians — not 25 years ago and not today — to set up entities in Liechtenstein, and we have never instructed our investment advisers to recommend that practice," and "we comply with all CRA requirements. This means that we provide all our clients with the forms they need to meet their personal tax obligations, and also file reports with CRA that form the basis for reviews such as this."

Three RBC employees are presently being investigated, with one remaining unidentified.

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Sources[edit]

Greg McArthur. "Canada's largest brokerage firm linked to alleged tax-haven scheme" — The Globe and Mail, December 14, 2009
"Canada Revenue probe focuses on some RBC DS clients" — CBC News, December 14, 2009
Courts Administration Service, Government of Canada. "CRA Affadavits related to probe" — CBC News, December 14, 2009

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Scottish FA apologise after fans boo Liechtenstein national anthem

Sources[edit]

Alleged tax-haven scheme linked to Canada's largest brokerage firm

Sources[edit]