Details about Trudeau’s corporate holdings came after questions were raised in La Presse and in the Commons Wednesday, where NDP Leader Thomas Mulcair accused Trudeau of using various companies to “shelter his investments and avoid paying his full share of taxes.”
MONTREAL—Prime Minister Justin Trudeau says his business dealings are above board and follow the rules after charges that he has used registered companies to avoid paying his full share of taxes.
In addition to his $340,000 prime ministerial salary, the Liberal party leader receives regular dividends from a holding company, 7664699 Canada Inc., according to a compliance agreement published on the federal ethics commissioner’s website last month.
An official in the Prime Minister’s Office said the dividends come from a business that sells lumber and firewood from family land in Quebec and that management of those interests has been placed in a blind trust since he became prime minister.
The day after last October’s federal election, the official said Trudeau also liquidated and shut down 3701140 Canada Inc., a holding company that managed the inheritance left to Justin and Alexandre Trudeau, his brother, by their late father, former prime minister Pierre Elliott Trudeau.
mo
Justin Trudeau defends corporate dealings against accusations of tax avoidance | Toronto Star
The Rebel Verified account @TheRebelTV
.@brianlilley Is Trudeau cheating on his taxes? More Liberal hypocrisy:
Remember during the election when Justin sat down with his friend Peter Mansbridge for that friendly tête-à-tête during which Trudeau revealed that he thought many small businesses were just shell companies set up to avoid taxes?
http://bit.ly/1MvE7Ej #cdnpoli #tcot
MONTREAL—Prime Minister Justin Trudeau says his business dealings are above board and follow the rules after charges that he has used registered companies to avoid paying his full share of taxes.
In addition to his $340,000 prime ministerial salary, the Liberal party leader receives regular dividends from a holding company, 7664699 Canada Inc., according to a compliance agreement published on the federal ethics commissioner’s website last month.
An official in the Prime Minister’s Office said the dividends come from a business that sells lumber and firewood from family land in Quebec and that management of those interests has been placed in a blind trust since he became prime minister.
The day after last October’s federal election, the official said Trudeau also liquidated and shut down 3701140 Canada Inc., a holding company that managed the inheritance left to Justin and Alexandre Trudeau, his brother, by their late father, former prime minister Pierre Elliott Trudeau.
mo
Justin Trudeau defends corporate dealings against accusations of tax avoidance | Toronto Star
The Rebel Verified account @TheRebelTV
.@brianlilley Is Trudeau cheating on his taxes? More Liberal hypocrisy:
Remember during the election when Justin sat down with his friend Peter Mansbridge for that friendly tête-à-tête during which Trudeau revealed that he thought many small businesses were just shell companies set up to avoid taxes?
http://bit.ly/1MvE7Ej #cdnpoli #tcot