The CANADA Papers: Pt. 2 - How Quebec Co. hid millions. . .

The CANADA Papers: Pt. 2 - How Quebec Co. hid millions. . .

Postby Oscar » Fri Mar 03, 2017 11:26 am

The CANADA Papers - Part 2 of 4: 9203-9619 Quebec Inc. - How a Quebec company hid millions from tax collectors

[ http://projects.thestar.com/panama-pape ... ollectors/ ]

By Marco Chown Oved January 25, 2017

Nestled at the end of a row of sprawling waterfront estates in the suburbs of Montreal, a pale brick house sits empty, its mailbox overflowing with bills.

Through the front window, an unplugged stove is visible, abandoned in the middle of the living room floor. The leaves haven’t been raked. Waves crash against a crumbling concrete pier.

This house is one of the few physical traces left by a Quebec numbered company at the centre of a complex tax evasion scheme that used Canada to hide at least $3.1 million (U.S.) from three South American governments.

It is the address listed on public documents for the sole corporate director of 9203-9619 Quebec Inc.

But correspondence found in the Panama Papers [ https://www.thestar.com/news/panama-pap ... asion.html ], a leak of 11.5 million documents obtained by the International Consortium of Investigative Journalists [ https://panamapapers.icij.org/ ] and the newspaper Suddeutsche Zeitung, shows that this person was simply a front man, paid $200 per month to keep the company’s real owners off public documents.

Reporting by the Star and CBC/Radio-Canada pieced together how 9203-9619 Quebec Inc. was a vehicle used by Peruvian lawyers to evade taxes by making it appear money was flowing to Canada.

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[ http://projects.thestar.com/panama-pape ... ollectors/ ]
Oscar
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