Originally Posted by WiredGuy

Yes, usually my accountant is the aggressive one and attorney is the conservative one, today they both agreed that going offshore would not be worth the aggrevated headaches. Simply setting up offshore bank accounts is not enough to satisfy the Canadian government that you're an offshore company. I'd need to setup multiple business functions and hire staff to maintain a remote office and simply going through a law firm to maintain such an "image" would not suffice. I was shown many examples of full audits and the cases they showed presented actual jail time for tax evasion. I'll pay the increased tax rates

WG