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Results: 76 - 90 of 226
Serge Bilodeau
View Serge Bilodeau Profile
Serge Bilodeau
2021-06-17 17:04
The committee members change over time.
View Peter Julian Profile
NDP (BC)
I'm clearly asking you this question to get their names.
I gather that you're telling me that all issues regarding whether tax laws were broken were studied by the risk management committee.
So, who was on the committee? If you know the names of the people or which titles they had, we would like to know that information. Can you give us some names today? If not, you can give us those names next week.
Serge Bilodeau
View Serge Bilodeau Profile
Serge Bilodeau
2021-06-17 17:05
It would be better to ask KPMG that question. You can understand that, during my time at KPMG, many people were on this committee.
View Peter Julian Profile
NDP (BC)
Yes, that makes sense.
However, it would be important for us to know, because—
Serge Bilodeau
View Serge Bilodeau Profile
Serge Bilodeau
2021-06-17 17:05
Do you have a specific period in mind or are you looking at a period of many years?
View Peter Julian Profile
NDP (BC)
The period that I'm referring to is the one where the foreign structures were created. We have questions about that period, between 2000 and 2014. Over these years, decisions were made to establish foreign companies and structures. It would be important to have this information.
I'll give you some time to answer my question over the next few days. I'll go on to my next question.
Serge Bilodeau
View Serge Bilodeau Profile
Serge Bilodeau
2021-06-17 17:06
I just want to be sure that I properly understand your question. You are particularly interested in the risk management committee members who studied the tax structure of the Isle of Man, right?
View Peter Julian Profile
NDP (BC)
Yes, certainly. I would like to know who studied all these issues and verified whether the entity complied with tax legislation.
Now, you talked about two cases where you created foreign tax structures. When did you create them? Do these structures still exist? Lastly, who approved the structures that you proposed?
Serge Bilodeau
View Serge Bilodeau Profile
Serge Bilodeau
2021-06-17 17:07
This goes back to your first question, where you wanted to know who was on the risk management committee. The question will be addressed as such.
Since I'm only at KPMG very temporarily, it would be much easier to ask KPMG the question directly, instead of through me. I see no inconvenience with KPMG answering that question.
View Peter Julian Profile
NDP (BC)
Thank you. However, we've asked KPMG questions several times now, but we haven't gotten many answers from them. No matter, we will continue.
I know that you worked on two similar files. To your knowledge, how many of these companies were established to create these foreign tax structures?
Serge Bilodeau
View Serge Bilodeau Profile
Serge Bilodeau
2021-06-17 17:08
I participated in two operations to create foreign tax structures. I can't answer that question on behalf of partners from across Canada.
View Peter Julian Profile
NDP (BC)
So, you weren't aware of any other foreign tax structures.
Serge Bilodeau
View Serge Bilodeau Profile
Serge Bilodeau
2021-06-17 17:08
View Peter Julian Profile
NDP (BC)
Okay.
After Ms. Iacovelli appeared before this committee on May 6, did you meet with her or speak with her, and did you receive any instructions from KPMG or KPMG's lawyers and any legal advice prior to your appearance before this committee?
Serge Bilodeau
View Serge Bilodeau Profile
Serge Bilodeau
2021-06-17 17:08
I haven't spoken with Ms. Iacovelli. You can understand that I was asked to appear before the committee with about 36 hours' notice. This is very short notice. Yes, I spoke with KPMG because I'm here to talk about my time as a partner at KPMG. So, there is a link with KPMG.
Incidentally, I'm speaking to you today from a KPMG office. I thought that it would be the best place to avoid technical difficulties, but it looks like they can happen here as well.
Results: 76 - 90 of 226 | Page: 6 of 16

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