May 2021: IRC to intensify scrutiny of logging company tax evasion

The IRC has signalled its intention to intensify scrutiny of the logging industry after it published a damning assessment of logging company tax evasion, transfer pricing and financial misreporting. 

ACT NOW! has been lobbying the government to take action on the issue of logging company tax fraud since 2016 when the existence of the problem was revealed in a report from the Oakland Institute.

ACT NOW! has used public petitions, letters and the media in calling for action.

In 2018, the government announced an agreement with the OECD for international assistance via the Tax Inspectors Without Borders Program.

Now the IRC says it has 20 logging companies under audit and more will be added. Enforcement action could include criminal prosecutions.