Cana­dian tax-eva­sion fight zeroes in on is­raeli bank

StarMetro Halifax - - CANADA -

The Canada rev­enue agency is seek­ing in­for­ma­tion from three Cana­dian banks about cus­tomer trans­ac­tions linked to a ma­jor is­raeli fi­nan­cial in­sti­tu­tion as part of a fed­eral crack­down on off­shore tax evaders. Newly filed court records re­veal the agency wants to see ac­count records associated with Bank hapoalim to de­ter­mine whether Cana­di­ans are hid­ing in­come or as­sets. The Fed­eral Court of Canada fil­ings come amid re­newed pub­lic pres­sure on the gov­ern­ment to show it is tak­ing steps to find and pe­nal­ize Cana­di­ans who im­prop­erly use off­shore ac­counts to avoid taxes.

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