A recent survey asked: Is it morally wrong for corporations to use tax havens? I
ID: 350100 • Letter: A
Question
A recent survey asked: Is it morally wrong for corporations to use tax havens? Its results: Most said yes. See http://environicsresearch.com/insights/nine-ten-canadians-think-morally-wrong-canadian-corporations-use-tax-havens-new-poll/.
Delving deeper into the issue of tax avoidance, you will go beyond the news release. You will examine the polling data, not just the news release. You will round up the news coverage of the survey results. You will gain a sense of the public debates of tax avoidance in Canada. You will learn from relevant studies on tax justice in civil society by think tanks, governments and academics around the world.
Making good use of your research, you will write a 100-word note starting with the following:
It’s morally wrong for Canadian corporations to use tax havens because ….
That is, you will start by completing the sentence and then you will make your most compelling argument in your submission. You only have 100 words so make one compelling argument and make it well. You are required to demonstrate that you have done extensive research and made good use of your research to argue why it’s morally wrong for Canadian corporations to use tax havens.
Important: You cannot make up your own research question, e.g. you cannot argue it’s not morally wrong for Canadian corporations to use tax havens or you have reservations or … as that’s NOT the research question for this particular part of the research project. Think of this as an exam, in which you cannot make up your own exam questions for any reason.
Explanation / Answer
Explanation:
Canadian citizens are upset with tax haven as Canadian government has lost so much money in tax. Since Canada is tax havens and many larger corporations are paying lower tax compared to average Canadian citizen. Corporation earn more than average person in Canada so government must have to take actions against corporation that are evading taxes and lose lots of billion amount in tax and tax burden come on Canadian citizens. Many corporation are evading tax money due to tax havens in Canada. Leak of “Paradise Papers” shown that Canada government has lost lots of money in this tax practice.