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Old 01-28-2008, 09:40 PM  
GTS Mark
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Join Date: Jan 2001
Location: Toronto, Canada
Posts: 20,912
I would suggest you contact a good accountant, BDO and Deloitte are some of the best I have found in Canada. They are pricey but well worth it!

They will find the best LEGAL option for you and your particular tax situation. I know plenty of guys that make over 250k a year and play the offshore company game. But honestly I would'nt be able to sleep at night, call me paranoid but the CRA are not stupid. If you're claiming 33k a year and living in a half million dollar house and have a porsche in the driveway it will raise some eyebrows LOL! ;)

Best of luck!

DH
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