4 thoughts on “How Will CRA Cutbacks Affect FATCA?

  1. CRA staff cutbacks certainly can’t hurt our cause. Thanks for the good news. Now what I would really like to hear about would be more IRS cutbacks. Or better yet if the IRS went out of business.

  2. Here’s more that seems to confirm CRA is cutting staff and managers including in international tax evasion.
    Do I have this right? Canada is reducing the staff required to combat offshore tax evasion from Canadians who live in Canada. At the same time, they will help a foreign government’s tax folks seize the legal banking records of honest taxpaying Canadian citizens and residents.
    Indeed. “Congress has spoken.”

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