Registry of beneficial ownership aimed at lifting curtain on money laundering and tax evasion

By Graeme Wood / Glacier Media
B.C. introduces first property registry in Canada that shines light on companies, trusts and partnerships

A new, publicly accessible registry will play a part in fighting money laundering and other crimes by revealing the beneficial owners of property in B.C., says Minister of Finance Carole James. The government tabled legislation Tuesday (April 2) that will enable the registry on beneficial ownership in real estate, which it intends to release next year after passing the Land Owner Transparency Act.…

Source:: Registry of beneficial ownership aimed at lifting curtain on money laundering and tax evasion

• Whistler News

April 3, 2019

Comments are closed.