From: Canuck57@nospam.com   
      
   On 09/07/2013 9:27 AM, Alan Baggett wrote:   
   > New Requirements for Canadians with Offshore Property & Income : CRA SOTW   
   >   
   > VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 25, 2013) - Parliamentary   
   Secretary Cathy McLeod was in Vancouver today to announce the launch of a   
   strengthened Foreign Income Verification Statement (Form T1135), one of the   
   Economic Action Plan 2013    
   measures to crack down on international tax evasion and aggressive tax   
   avoidance. Mrs. McLeod met with members of Certified General Accountants (CGA)   
   Canada to discuss taxation issues, including how best to combat international   
   tax evasion and aggressive    
   tax avoidance.   
      
   Which means they want to make it more difficult for average people to go   
   offshore and get a 5.65% low risk return for fixed incomes.   
      
   > "Our Government is committed to combating tax evasion and getting tough on   
   tax cheats. Since 2006, we have introduced over 75 measures to improve the   
   integrity of the tax system," said Parliamentary Secretary McLeod. "The   
   strengthened reporting    
   requirements are just one example of the actions being taken by our Government   
   to crack down on tax cheats. These measures are great news for hardworking   
   Canadians who pay their fair share and bad news for those who may seek to   
   cheat the system."   
      
   Government and integrity in the same sentance is a oxymoron.  I know for   
   a fact that Ottawa CRA has lost data on people.   
      
   > Starting with the 2013 taxation year, Canadians who hold foreign property   
   with a cost of over $100,000 will be required to provide additional   
   information to the CRA. The criteria for those who must file a Foreign Income   
   Verification Form (T1135) has    
   not changed; however, the new form has been revised to include more detailed   
   information on each specified foreign property.   
      
   What planet did this moronic deceptive idiot come from?  This has been   
   in place for many years now.   
      
   But government loves its BS.   
      
   Maybe McLeod needs a brain and a refresher basic reading course.  Or ask   
   McLeod what drugs are in play.   
      
   --   
   Liberal-socialism is a great idea so long as the credit is good and   
   other people pay for it.  When the credit runs out and those that pay   
   for it leave, they can all share having nothing but debt and discontentment.   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)