Bill Detail
An Act to amend the Canada Revenue Agency Act (reporting on unpaid income tax)
This enactment provides for the reporting and disposition of assets seized, frozen or sequestrated under the Special Economic Measures Act, the Freezing Assets of Corrupt Foreign Officials Act and the Justice for Victims of Corrupt Foreign Officials Act (Sergei Magnitsky Law).
This bill, also known as the Fairness for All Canadian Taxpayers Act, aims to increase transparency and accountability in the collection of income tax. It requires the Canada Revenue Agency (CRA) to include a list of all tax evasion convictions, including international cases, in its annual report to the Minister of National Revenue. Additionally, every three years, the CRA must report on the "tax gap" – the difference between what taxpayers owe and what is actually collected.
Legislative Timeline
Votes
Yes / No Ratio
How each party voted
| Party | Position | Yes | No |
|---|---|---|---|
| Bloc | Yes | 100% | 0% |
| Conservative | No | 0% | 100% |
| Green | No | 0% | 100% |
| Liberal | Yes | 100% | 0% |
| NDP | Free vote | 0% | 0% |