Thread: bahamas...
View Single Post
Old 11-15-2003, 11:36 AM  
imJason
Confirmed User
 
Join Date: Sep 2002
Location: Montreal
Posts: 1,215
if you hide your money the cheap way, its ilegal,

if you make like 500K a year and set up a proper company there the right way, then its legal,

thats why itsa grey area,

you have to obbey the law and work with the system, if you want to lower taxes and still control your money,

if you evade taxes by going offshore it can bite you in the ass,

but if you spend the money to set it up legally and or move offshore 6+ months a year, then it can be done legally,

but you nead to make 500K + to warrent the effort,

if you make under 300K cdn anyways, its easy to have significant tax savings, and not get ass rapped,
__________________
IM Jason

31227578

http://www.vidsvidsvids.com
imJason is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote