posted on Nov, 21 2010 @ 08:58 PM
This should prove to be interesting.
"Credit Suisse Bank has filed a legal proceeding in a Toronto court hoping to block the Canada Revenue Agency from examining 500 boxes of banking
records as part of a probe into offshore tax evasion, a CBC News/Globe and Mail investigation has learned.
The Swiss Bank filed the application with the Federal Court of Canada last Wednesday. The bank's lawyers argued the court should overturn a previous
decision by Justice Richard Mosley that had granted the agency permission to go through the documents.
Statement from Duncan King, spokesman for Credit Suisse
The bank argues the permission granted the Canadian tax department is "inordinately broad," and the Canada Revenue Agency should only be allowed
access to specific cases for which it has strong evidence."