Efforts to Combat Snow Washing: Canada Moves Towards a Beneficial Ownership Registry

(Disponible en français : Lutte au blanchiment à la neige : les premiers pas du Canada vers un registre des bénéficiaires effectifs) Beneficial Ownership and Money Laundering When a criminal activity generates substantial profits, the individual or group involved inevitably attempts to control those funds in a manner that avoids the attention of authorities. This activity…

Taxation and Regulation of Digital Currencies

(Disponible en français : Fiscalité et réglementation des monnaies numériques) This HillNote is the first of three on the topic of digital currencies. Part 2 of the series will deal with issues and concerns related to digital currencies and part 3 will discuss blockchain technology and its various applications. A.        Digital Currencies Since 2008, digital…