Tax Policy Speaker Series
University of Calgary Downtown Campus
Nexen Technology & Conference Centre
5th Floor, 906 8th Ave SW
Roy Berg and Kim Moody of Moodys Gartner Tax Law
Many Canadians are subject to the recent and potentially invasive Foreign Account Tax Compliance Act (FATCA). Dual citizens who live in Canada face disclosure of their financial information to the US government. That raises the question: to what extent should the Canada Revenue Agency be permitted to access and use this information in Canada? The information is no doubt a source of rich data – but are there legal or even constitutional limits on whether this data can be used by the CRA as it ensures domestic tax compliance?