{"id":248229,"date":"2005-11-28T11:42:24","date_gmt":"2005-11-28T16:42:24","guid":{"rendered":"https:\/\/www.bahamasb2b.com\/news\/2005\/11\/canadian-crooks-use-bahamas-base"},"modified":"2005-11-28T11:42:24","modified_gmt":"2005-11-28T16:42:24","slug":"canadian-crooks-use-bahamas-base","status":"publish","type":"post","link":"https:\/\/www.bahamasb2b.com\/news\/2005\/11\/canadian-crooks-use-bahamas-base","title":{"rendered":"Canadian Crooks Use Bahamas Base"},"content":{"rendered":"<p><P>A Canadian loan company has been fined C$1.5 million over a tax evasion scheme that allegedly used a Bahamas-based entity.<\/P><\/p>\n<p><P>A release from the Canada Revenue Agency revealed that Societe Financiere Speedo, a Canadian company specialising in loans to the tax industry, was convicted of tax evasion in a scheme involving fund transfers and a series of loans between it and Commodore Corporation, a Bahamian entity.<\/P><\/p>\n<p><P>The scheme enabled Societe Financiere Speedo to evade income tax on C$5.027 million in interest income paid or credited to Commodore during the tax years 1996-2001. The conviction was handed down by the Canadian courts.<\/P><\/p>\n<p><P><small>Source:  The Tribune<\/small><\/P><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bahamas entity embroiled in C$5m tax evasion just the tip of the Canadian financial crimes iceberg.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_10223285771444175_51037792744":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[12],"tags":[],"class_list":["post-248229","post","type-post","status-publish","format-standard","hentry","category-headlines"],"_links":{"self":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts\/248229","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/comments?post=248229"}],"version-history":[{"count":0,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts\/248229\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/media?parent=248229"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/categories?post=248229"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/tags?post=248229"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}