Thread: How do you NOT get fucked in the ass by taxes? (Those making >$500,000 a year)
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Old 01-28-2008, 07:30 PM  
WiredGuy
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Join Date: Aug 2002
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Posts: 34,485
Quote:
Originally Posted by Pipecrew View Post
i suspect you are the guy that posted like 3 months ago "I have all this money and i am canadian, what should i do, i have never paid taxes"

The corps have some advantages, that small business thing is pretty cool, say you make 500k, your corp will pay 300k (small business - 22%) and the 200k you can bonus yourself.
They raised the provincial limit (in Ontario) to 400k now. Federal its still 300k.
WG
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