To combat unreported foreign income, the Federal Government introduced the concept that Canada Revenue Agency (CRA) will pay financial rewards to individuals who provide information on major international tax evasion. CRA could pay up to 15% of federal tax collected if the reassessments are in excess of $100,000. Penalties, interest and provincial taxes will be excluded.

Persons requesting rewards will have to meet certain requirements. For example, persons who have been found guilty of tax evasion related to their offer of information will not be eligible for the rewards.