Thread: Tax Question
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Old 10-01-2001, 01:15 AM  
quiet
we'll miss you our friend. RIP
 
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Join Date: Sep 2001
Location: Fernie, BC
Posts: 25,115
Same thing if you operate a pay site. Ibill doesn't send anything to the Canadian govt - you are responsible to declare all income.

Incorporation is a pain. Two advantages are limited liability, as well as having more capital on hand for expansion and business expenses (since cash in the corporation is taxed at a lower rate than personal income).
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