Quote:
Originally Posted by sperbonzo
No. It is not. A friend of mine just moved to Panama. He is from Toronto, and as long as he is in Canada less than 6 months of the year, declares Panama as his residence, and does not maintain any property or bank accounts in Canada, he is not liable to Canadian taxes. Trust me on this, this is part of my business.
|
That is exactly what Shap did. (not exposing any secrets, he publicly disclosed here)