Construct a Economy Mind Map:

Include the following 5 main branches in your mind map. 1:Legal tax avoidance strategies 2.Illigal tax avoidance strategies 3:Panama/paradise papers or other famous tax avoidance schemes 4:Prominent tax cheats 5:Costs to society

Consider the following requirements:

Grey/Underground/Black

Economy is depicted with

specific examples and visuals

Strategies to avoid paying tax

including. Examples in Canada,

including offshore accounts/tax

havensHow do they work?

Panama Papers and Paradise

Papers somedetails, events,

locations and current events.

Institutions and prominent

citizens. Some of the

Accounting firms involved.

Some of the "prominent

citizens" who have been named.

Costs to society and citizens in

Canada. Researched, credible

sources and estimates of tax

dollars lost. Research a few

examples of what that lost tax

revenue could provide to

society. Eg. Ten new schools