Quebec fights investment tax dodge

Article Abstract:

The Quebec Securities Commission has targeted a new banking service offered by Geneva, Switzerland-based Omnicorp Trust Co. Omnicorp is offering Canadian investors an opportunity to use its online offshore financial services to avoid paying certain Canadian taxes.

Author: Blackwell, Richard
Public Finance Activities, Marketing procedures, New Electronic Marketing, Taxes, Tax Evasion & Penalties, Marketing, Tax policy, Tax penalties, Quebec. Securities Commission, Omnicorp Trust Co.

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TD Waterhouse shares climb

Article Abstract:

The stock of TD Waterhouse Group Inc. moved up $1.28 yesterday on the New York Stock Exchange to close at $9.28. This is higher than Toronto-Dominion Bank's $9.00 acquisition bid.

Author: Blackwell, Richard
United States, Securities Dealers, Investment Banking and Securities Dealing, Securities prices, Security brokers and dealers, Planning, Mergers, acquisitions and divestments, Securities industry, Securities, TD Waterhouse Group Inc., Toronto Dominion Bank, TWE

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Subjects list: Banking industry, Commercial banks, Canada
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