Martin Sorensen in Canadian Lawyer on how Whistleblowing Pays Off

Martin Sorensen is featured in Canadian Lawyer on CRA's Offshore Tax Informant Program (OTIP). Bennett Jones recently submitted a request to CRA under the Access to Information Act, and obtained new data regarding the number of OTIP submissions and their outcomes. As of the end of 2018, the OTIP had received 593 written submissions which resulted in 100 audits, and CRA had entered into 38 contracts with informants.

Martin commented on the results and OTIP to Canadian Lawyer:

“It’s of interest to tax lawyers because we like to see what the CRA is up to, and clients may have information that could give rise to a reward. If you become aware of any international non-compliance involving a Canadian taxpayer, then you could consider making a submission . . . It’s an area where we are seeing clients come to us and ask how they can make a submission under this program. ”