The Fifth Estate KPMG and Tax Havens for the Rich: The Untouchables New

The Fifth Estate KPMG and Tax Havens for the Rich: The Untouchables New

It was a tax dodge for the wealthy dreamed up by one of the biggest accounting giants in the world. KPMG Canada devised what it called an “Offshore Company Structure” for a select group of rich clients: they would claim to give away millions of dollars to a shell company supposedly out of their control and therefore wouldn’t have to pay taxes on it. In the U.S., top KPMG officials were convicted of tax evasion schemes concocted there. But in Canada, a different scheme led to a secret amnesty deal with the Canada Revenue Agency. A federal government inquiry vowing to get to the bottom of it went nowhere. With revelations from industry insiders, internal KPMG documents and corporate records from the Isle of Man offshore tax haven, The Fifth Estate exposes the details of the scheme and unveils the names of some of the wealthy clients.

  • 2017
  • 00:45:10
  • 13-14
  • Added on: 10/26/2017
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