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KPMG cleared of wrongdoing by Canada Revenue Agency

Accountancy firm's Isle of Man scheme investigated

KPMG's been cleared of any wrongdoing following a criminal probe in Canada into an offshore financial scheme involving the Isle of Man. 

The accountancy firm was investigated after claims they'd set up a system in which Canadians transferred assets to the Island and then recovered funds tax-free.

Journalist Daniel Le Blanc, who is based in Ottawa, has been following the case:

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