GoFuckYourself.com - Adult Webmaster Forum - View Single Post - Need some advice.. Made > $700,000 but still havent paid taxes (Canadian)

Pipecrew · 07-31-2007, 10:59 AM

You are soo fucked, you cant just go back and dump money into a corpo, you are pay 49% on 700k, when you start your corp you can pay the first 400k CDN at 20%, then the rest will be high.

Actually keep in mind, the penalties alone for not declaring and basically hiding, is going to be pretty bad as well, Interest etc.

07-31-2007, 10:59 AM
Pipecrew Master of Gfy.com Industry Role: Join Date: Feb 2002 Posts: 14,887	You are soo fucked, you cant just go back and dump money into a corpo, you are pay 49% on 700k, when you start your corp you can pay the first 400k CDN at 20%, then the rest will be high. Actually keep in mind, the penalties alone for not declaring and basically hiding, is going to be pretty bad as well, Interest etc. Last edited by Pipecrew; 07-31-2007 at 11:00 AM..