21
Compliance update – tax
shelters
§The scope of the problem is
significant; the CRA estimates that since
2003 there has been approximately:
•172,300
participants
•$5.4 billion in
claimed donations
§2006 to 2009 saw participation
drop by 80%, to 10,800 individuals, and
the amount of “donations” drop by 76%, to $284 million.