Loblaws in $400M tax fight with CRA over claims it set up bogus offshore bank
 

http://static-global-s-msn-com.akama...6&q=60&o=f&l=fLoblaws and the government squared off in court today in one of the biggest offshore corporate tax-avoidance cases in the country, with authorities alleging the grocery conglomerate set up a bogus foreign bank to avoid tax on hundreds of millions of dollars in income.

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