Revealed: Justin Trudeau's close adviser helped move huge sums offshore

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Stephen Bronfman, who played key role in Canadian PM’s rise, was involved in complex offshore web, leaked papers show

The chief fundraiser and senior adviser to the Canadian prime minister, Justin Trudeau, who played a critical role in the rise to power of the charismatic politician, was involved in the movement of millions of dollars to offshore havens, the Paradise Papers reveal.

Stephen Bronfman, heir to the Seagram fortune, who was instrumental in Trudeau’s successful bid for the leadership of the Canadian Liberal party in 2013 and the premiership two years later, engaged through his family investment business in a complex web of entities in the US, Israel and the Cayman Islands. Multimillion-dollar cashflows between the three jurisdictions might legally have avoided taxes in the US, Canada and Israel.

It is absolutely unacceptable that there be people not paying their fair share of taxes

You can’t have interest-free loans between related parties

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Source: israel
Link : Revealed: Justin Trudeau’s close adviser helped move huge sums offshore

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