How can I hide my Porn income From Revenue Canada?
 

It's not a lot of money but that can change. I just usually claim it. If it comes through my bank they have a paper trail.

When you figure it out please let me know.....If there is a paper trail you have to claim it...although, I do know people that haven't...

Paypal.

Dig a hole in your back yard and put it there... Then make a map of how to find it.. Give me the map for safe keeping.


:1orglaugh


Other than that do you really think that it is worth trying to hide it?? I know that the taxes are high, but damn...

You can always fedex them over to me and I'll fedex you some cash back, less 5 to 10% commission of course.

step 1 - found an offshore comp
step 2 - found bank acc out of Canada (Latvia for ex)
step 3 - get annonymouse debet card for ATMs
step 4 - enjoy your money

yes paypal.

check cashing stores?

Nothing like gfy tax advice.

Sic Cash will pay you cold in hard cash for a 10% fee.

You must be a member of our ruling Liberal party. They've been doing the same thing with advertising agencies their associated with although the commish was closer too 40%.

Taxes are high and even a few thousand is worth it. Some stuff they just have no idea. ie: cash money but how often will you get that in this biz? I do in other things I do.

Nope, just stocktrader23's check cashing palace.

We hook it up how you want it. Cash, paypal, money order, gold, western union, and more.

Americans have to put their social on the damn sponsors sites. Bah

Heres an easy rule of thumb... any $$ you bring into canada you need to report. Setting up a proper offshore structure will easily involve 20k+ to get it setup right.

Hey that a pretty good first post bro!! :thumbsup

you are naive and I am sure you have no fucking clue about offshore set up costs :glugglug

How the hell can you hide it with paypal???

Easy.

Paypal

Yeah, I've got $3 million cash sitting in my paypal account.

:1orglaugh

Did you give your paypal account name and password to your local tax agency?

If you keep all your funds in there and use the Paypal debit card, not a cent touches your bank account.

Head, look into this: http://www.tdcanadatrust.com/usbanking/checking.jsp

It's an American bank account available to Canadian citizens. When I says American, I mean as if you went to the States and opened a bank account. It's not a Canadian bank account in US dollars.

That's where I deposit all my porn checks. I pay my taxes on my porn checks, so I don't know if it's a viable option for hiding assets as it is affiliated with a Canadian bank.

uhm. correct me if I am wrong but almost all porn money comes from american sponsors right? How can canadian government touch it then?

PAYPAL WILL GIVE YOUR RECORDS TO THE IRS AND REVENUE CANADA WITH AS LITTLE AS A PHONE CALL.

Use E-Gold.

Carry on.

do you think avoiding taxes is as easy as making money in another country?

so far paypal don't communicate with GOV (its wrote in their TOS when you signup) . So that should be ok

Go to the states.. open a bank account and get your ccbill wire transfers for ex. to that bank... THe canadian government dont know the existance of that bank account.... You just cannot buy a house with that money thouh.. that might look fishy if you only declare 10k a year...

If you are incorporated in the states and a paysite owner... that might be a different story... i think you'll have to pay US taxes...

I'd like more info on setting up an offshore corp...

You people are all retarded! :1orglaugh

If you want to sleep at night I would report your earnings. If you think the IRS can't look into our records and Canada Revenue doing the same you are kidding yourself. Both tax organizations freely share information with each other.

Unless you are making $500,000 a year NET it is not even worth looking into offshore banking.

DH

Move to a tax free jurisdiction.

glad to see someone gets it:thumbsup

You are asking to get royally screwed if you bring money into your place of citizenship and do not report it the govt. Regardless if you have so-called annonymous ATM cards. Furthermore, if your name and passport #'s are on these offshore corps you're kidding yourself if you think the US or canadian govt. can't get that info. Alot has changed after 9/11. It is still possible to safely keep money offshore, but the structure required has become alot more complex.

DH is right for the most part. Off shore shit is good if you got big coin coming in. But some ideas here are also very good!

Consult a big company like PWC to see your REAL options. You can follow safe setups that won't bring you any heat at all even if your govt is aware of them.

Just make less money. Problem solved.
The government wont waste their time on a few bucks

Just visit a good accountant/bookkeeper consultancy, and they know how to pay less tax... First of all it;s FULLY legal, and you can sleep well, and don't have to be afraid that ONE day they MIGHT find out..

Just my thoughts

Andre

ok guys I am sorry to say but its clear that you have 0 experiences.
fact # 1 - good working offshore structure won't cost you more then 2000 USd including bank acc set up.
fact # 2 - your name/passport won't appear anywhere.If your registrant agent is clever and handfull enough then you are just shareholder (means fully annonymous owner) of the offshore comp.
fact # 3 - I know what I am talking about and thats the difference between you and me

Actually, its not that easy. During my audit, I was rather stubborn and wouldn't co-operate that freely and the IRS denied helping the CCRA as well. Mention the word terrorism though and I'm sure the IRS will be gladly talking :)

WG

You are back already? :winkwink:

Yes. But only on select threads.

you are retarded - you have no fucking idea how offshore is working.Its funny :glugglug

maximize your deducitons.... make some retirement investments to defer your taxes... and pay what you owe... its not only your duty.. but it will sure make you sleep better at night... :2 cents:

I would love to revisit this thread in 2 years...

"the canadian govt. found out i wasn't reporting income.. now I owe them $80K .. and they have seized everything I own... oh wise gfy tax advisors.. please tell me what to do now" :1orglaugh