Paul Martin Prime Minster of Canada and the Tax havens evasion of his companies

What is the difference between Paul Martin Prime Minister of Canada

and Maurice Mom Boucher leader Hells Angels like:

No

=Tax havens tax evasion

NB You can change the name of Paul Martin in any other name  .................. .................. ..

An income of $ 40,000 per year you pay between 30 to 35% tax

A $ 10,000,000.00 back from paying more than 15% only if the revenues are reported excluding tax loopholes.

"In power while in your power "Liberal Party of  Canada

CanadaSteamship Lines International (CSL)

05-02-2004 | 6:59

Mr. Paul Martin, Prime Minister of Canada

As he asked Canadians to tightentheir belts and pay theirtaxes,Paul Martin sponsored in 1998 a bill that allowed the family holding company, CSL International, based in Barbados,to escape the Canadian taxauthorities,revealed yesterday the Bloc Québécois.

Yesterday was to be that of ethics for the government, which presented its "Action Plan for Democratic Reform."

But things have gone wrong and the Prime Minister had to defend himself for having placed himself in a conflict of interests. "This law, C-28, and the tax treaty on Barbados gave Canada Steamship Lines International (CSL) ways to avoid at least $ 100 million intaxes, "saidthe Bloc leader Gilles

Duceppe."Canada, c ' is good for grants and contracts, but not for thetax,said Mr. Duceppe. This is a case of blatant conflict of interest.

"TheBloc also noted a notice at the time by a senior official of Finance on how CSL could benefit from the provisions of the law. A law retroactive effect to the previous three years.

"There are not many taxpayers who can benefit from tax laws retroactively act", launched the Bloc critic Pierre Paquette.

"CSL is a Canadian company, Paul Martin protested. Headquartered in Montreal. The vast majority of its employees are Canadians. The vast majority of its ships Canadian vessels. "If there is someone who has made ​​the fight against tax havens at the international level, it's me,said. MartinIt was debated in this House. I discussed at the OECD. And will continue to discuss it.

"Taxhavens

In fact, Paul Martin fought tax havens. But as Minister of Finance, he confirmed the exception of Barbados which CSL International benefits since1995.

"The Prime Minister has tightened the rules around the world against tax havens, except for Barbados, who has put $ 100 million into the pockets, "said Bloc House Leader Michel Gauthier.

There is no link between the relocation of CSL inBarbados,legislation and agreements signed by Canada, ensured his side the Finance Minister Ralph Goodale.

The minister said he was considering "the integrity of our tax system, fairness between taxpayers and the fact that all taxpayers must do their part."

The Auditorwill investigate The auditorGeneral of Canada investigate the federal contracts awarded to the family firm of Paul Martin, Canada Steamship Lines (CSL) and its subsidiaries.

But the findings could well be known until after the next elections.

This is the first Minister who made ​​the announcement yesterday in the House after two days of heated debate on potential conflicts of interest.

The Conservatives do not forgive the government for first argued that CSL and its subsidiaries had received that $ 137,000 of Ottawa.

The latest figures released by the government House leader, Jacques Saada, now reporting $ 161 million.

"I spoke with the Auditor General, Mr. Martin said yesterday. I asked him to check whether the answers given by the government were satisfactory in light of the information available to the government.

"Despitethe very pointed questions conservative Grant Hill and Peter MacKay, the Prime Minister is, however, well-kept confirm or deny the accuracy of the latest figures released by the government.

"The public has a right to know what were the contracts between the company and the government," protested the Conservative critic Monte Solberg.

"All contracts and sub-contracts given directly to CSL, based on the documents at our disposal, were presented in the report which was submitted, "assured the leader, Jacques Saada.

For the interim leader of the official opposition, Grant Hill, "the Prime Minister trying to hide this issue until the next elections."

To silence critics, Martin finally committed yesterday to display regularly on the Contracts Canada website all contracts between CSL, its subsidiaries and the government.

At the Committee of the House of Commons in Ottawa

Bill C-28 tax haven Paul Martin

MINUTES

Tuesday, February 10, 1998

The Standing Committee on Finance met at 9 am 03 in 237-C Room of the Centre Block, the Chair, Maurizio Bevilacqua (Chairman)present:.

Members of the Committee  Mark Assad, Maurizio Bevilacqua, Scott Brison, Dick Harris, Yvan Loubier, Gary Pillitteri, Karen Redman, Gerry Ritz Monte Solberg, Paul Szabo, Paddy Torsney and Tony Valeripresent:.

Members  Odina Desrochers for Gilles Perron; John Finlay for Roger Gallaway; Yvon Godin for Nelson Riis; Stan Keyes David Iftody, and at 10 h 40, Randy White for Monte Solberg.

In attendance: From the Parliamentary Research Branch: Richard Domingue and Marion Wrobel, Research

Witnesses:.From the Department of Finance: Leonard L. Farber , General Director, Tax Legislation Division; Peter Gusen, Director, Federal-Provincial Relations Division; and Dan MacIntosh, Legislation Coordinator, the Tax Legislation Division.

Pursuant to the Order of Reference from the House of Commons on Wednesday, February 4, 1998, the Committee commenced consideration of Bill C-28 , An Act to amend the Income Tax Act, income, Application Rules of the income tax, the Bankruptcy and Insolvency Act, the Canada Pension Plan, the Special Allowances Act Children, Law Arrangement Creditors, the Law on Export and Import of Cultural Property, the Customs Act, the Customs Tariff Act Employment Insurance Act the excise tax, the law on fiscal arrangements between the federal government and the provinces, the law on the interpretation of Tax Conventions on income, the Old Age Security Act, Act the Tax Court of Canada, the Act respecting the transfer of the right to a refund of tax matters, the Unemployment Insurance Act, the Act Western Grain Transition Payments and certain Acts related to the Tax Actincome

Peter Gusenmade ​​a statement and answered questions.

Leonard Farber made ​​a statement and, with the other witnesses, answered questions.

Yvon Loubier give notice of its intention to present five motions for witnesses before . to appear as part of the study of Bill C-28

The President declared admissible motions-.

Yvon Loubier moved,  That Mr. Howard Wilson, the Ethics Counsellor Government or called as a witness before the Committee Finance, as part of the study of Bill C-28, in order to shed light on Article 241 of the bill sponsored by the Minister of Finance, and including on the tax treatment of transport companies International Maritime-..

A debate followed and the motion is adopted

Yvon Loubier moved,  That Mr. Raymond Johnston, President of Canada Steamship Lines Inc., Pierre Prefontaine, vice president of the corporation, or any other member of the Management Board of the company, to be called as a witness before the Finance Committee, as part of the study of Bill C-28, in order to shed light on Article 241 of the draft . Bill sponsored by the Minister of Finance, and including on the taxation of international shipping companies

A debate, the motion is rejected8.

For: 7 Against:

Yvon Loubier moved, - That the members of the blind trust law which is currently entrusted with the Canada Steamship Lines Inc. company (Holding Passage, Canada Trust), be called to appear as witnesses before the Finance Committee, as part of the study of Bill C -28 to shed light on Article 241 of the bill sponsored by the Minister of Finance, and including on the tax regime for international shipping companies.

A debate, the motion was rejected.

For: 7 Against: 8

Yvon Loubier moved, - That the Honourable Paul Martin, Minister of Finance, be called to appear as a witness before the finance committee, as part of the study of Bill C-28, to to shed light on section 241 of the bill sponsored by the Minister of Finance, and including on the tax regime for international shipping companiesYeas:..

A debate, the motion was negatived

7 Against : 8

Yvon Loubier moved, - That, in the context of the study of Bill C-28 by the finance committee, any witness may help the Committee to shed light on Article 241 of the draft Law sponsored by the Minister of Finance, and including on the taxation of international shipping companies, to be called to appear before the CommitteeYeas:..

A debate, the motion was negatived

7 Against: 8

At 11:01 , the Committee adjourned to the call of the ChairINDEPTH.

Clerk of the Committee

CarolChafe

Paul Martin
Paul Martin Inc.
CBC News Online | Updated March 17, 2006

From His days as a deckhand was Lake Erie fishing boat and later as a seaman on ocean-going ships, Paul Martin HAS long Review: had an affinity for the sailor's life. And ALTHOUGH he graduated with university degrees in law and philosophy, he returned to the nautical life to claim His Eventual fortune. In 1974 he est devenu president of Canada's Largest shipping company, Canada Steamship Lines (CSL). Seven years later, he and a business partner Bought the company outright for $ 189 million.

Success Goal in the business world HAS complicated Martin's political career.

When His political star rose in the 1990s and he est devenu Canada's finance minister, Martin signed an obligatory blind management agreement to Avoid a potential conflict of interest. Under the agreement an interim manager Was Appointed to assume operational control of autonomous Virtually Martin's companies. Technically, Martin Could Only BE Involved in the affairs de son companies in the event of extraordinary Circumstances, and with the blessing of the federal ethics commissioner.

The form Canadian Alliance Criticized for ignoring Him thesis requirements by receiving send updates On His finance companies while He Was minister. Members of the party Said Martin's business holdings Would create a conflict of interest for Canada's 21st prime minister.

Martin aussi cam under fire from forming Progressive Conservative leader Joe Clark, Who charged que le train finance minister Was in directly conflict of interest When He About did not close tax loopholes for Canadian firms like CSL That do business in Barbados. Barbados is a tax haven for foreign companies Where They can AVOID paying Their country's taxes and wages. Some of CSL's filiales are registered in Barbados and pay Almost no tax on Their profits.

In August 2003 When Martin Was running for leadership of the Liberal party, he Transferred His interest in CSL to His three sons to try to head off any allegations of conflict of interest. Martin HAD INITIALLY argued That he Could run Both His company and the government, aimed critics Said shipping is so tightly regulated by the federal government That he Would Constantly find himself in conflict.

In January 2004, Ottawa Said CSL HAD received $ 161 million in government contracts , grants and contributions since 1993. That Was appears more than 1,000 Times Higher than the face Don Boudria, government House leader Then, in 2002 Gave When Canadian Alliance MP James Rajotte Abebooks web sites about the government's dealings with the company.

Martin Said he was "appalled "when he Heard the Amount Originally Given, $ 137,000, and Said he Demanded a full explanation.

In Defending the Amount of business the government Gave to CSL, Martin Pointed out que la company and Its filiales Were Given $ 82 million in contracts in 1993. When the Progressive Conservatives, Not His Liberals, Were in power.

In February 2004, Martin Abebooks web sites Auditor General Sheila Fraser to Investigate why the government reported about the lower face for the Amount of business CSL got from the government. In her November report, Fraser found que la final face Gave the government was "reasonably full." . Purpose she couldn't guarantee que la $ 161 million Was the final Amount Because of a Lack of cooperation from Some government departments

Here is a look at what Martin's family owns:

Canada Steamship Lines

Before August 2003, Martin and his wife Sheila owned all of the company's voting shares. The sounds - Paul William, James and David - owned the common stock. ALTHOUGH CSL is Privately Held and therefore not required to Publicly Disclose icts financial records, CanWest News reported about in early 2003 That CSL controlled assets worth upwards of $ 693 million and HAD annual revenues of $ 283 million.

The company Operates a fleet of self-unloading bulk carrier ships on the Great Lakes-St. Lawrence. Its Parent company - CSL Group Inc. - is headquartered in Montreal, and Operates offices in Halifax, Winnipeg, Burlington, Boston, Singapore and Sydney, Australia. The company Operates 37 bulk carriers across the world under the banner of Canada Steamship Lines and CSL International based in Massachusetts. Selon company literature, it's "the Largest fleet of dry bulk self-unloading vessel vessels in the world."

Martin first joined the company in the 1970s When It Was owned by the Power Corp. He Was Appointed CSL president in 1974. Seven years later, he and partner Laurence Pathy Bought the company for $ 189 million. Martin Pathy Bought out in 1988 and Took full control.

CSLEquity Investments Ltd.

The CSLGroup owns 50 per percent of CSL Equity Investments Ltd., owns qui a broad portfolio of property in Alberta, Quebec, Ontario, Arizona and Colorado, Including condominiums , office buildings and property. . The company controls aussi shipbuilding and ship design companies on the Great Lakes

http://www.cbc.ca/news2/background/martin_paul/businessinterests.html

Submitted Laurent - Journal de Montreal

http://fr.canoe.ca/infos /quebeccanada/archives/2004/02/20040205-065903.html