KPMG and Tax Havens for the Rich: The Untouchables $-$ the Fifth Estate

KPMG Canada devised what it called an $$Offshore Company Structure$$ for a select group of rich clients:

they would claim to give away millions of dollars to a shell company supposedly out of their control and

therefore wouldn$$t have to pay taxes on it$.$ In the U$.$S$.,$ top KPMG officials were convicted of tax evasion

schemes concocted there. But in Canada, a different scheme led to a secret amnesty deal with the Canada

Revenue Agency. A federal government inquiry vowing to get to the bottom of it went nowhere

However, sometimes, it is too good to be true if some tend to manipulate the market.

$$ Watch the following Youtube video and write a $2-$page paper describing who involved, what sort of

issues involved, what was the accounting firm trying to hide? What was its tax evasion scheme?