I am searching for the advice of a Canadian Accountant / Someone who knows tax laws..
 

hey guys, I am looking for someone to teach me about canadian taxes and such, what to do with (someday to be) vast sums of money and how the system works

if there is anybody here who can help me, I would love to pay you for your time, no meetings will be necessary, just knowlege and advice on ICQ will suffice

looking for someone with experience and the willingness to help a fellow GFY-er

reply here or just send me an ICQ: 178340550 with what you can teach me and your price

thanx in advance guys!

:glugglug

bump for ya m8 :)

:thumbsup

well what u can do:

go to offshore country and open a company.

open a business in canada or usa with the money from that offshore company.

make legit profits.

money laundering 101 :winkwink:

what if I open an offshore account...
and wire money DIRECTLY from my US sponsors to my Offshore account?

what will the Canadian government be able to see? what could happen? (plz tell me within 5 minutes if this post is risky or not, I will delete it)

btw chowda, I love the sig :thumbsup

don't cheat on your taxes...

yer fucked!

every smart entrepeneur does it, I don't wanna feel left out :1orglaugh

bizump

:thumbsup

bdjuf, are you planning on residing more than 6 months a year in Canada?

yes, for now

in 5-10 years, no, I wish to one day move to the USA, if it's possible to move my money there and invest it in real estate

bro
i have an house in Costa Rica ... jaco beach

if u are interested ...


Is easy to open a compagny there ..
you need id and a trip to costa rica

no tax :):2 cents:

very interesting

so I make all my wire transfers sent there, the government has no idea what's going on

and when I wish to use the money? will I need to go there, and cash out just enough not to get the attention of customs, and bring it in the country? (just asking! awaiting a simple yes/no + explication)

I would love to learn more about offshore :glugglug

you dont have to cash out there

wire is fine
Ita a kind of $$$ PARADISE
but

at least you go there 1 time / year

let make some video there in december

how would wire be fine?
and how would that be different than getting wires every 2 weeks in Canada from my sponsors right now?

but you need some contact

:warning

bumpage!

i was gonna say another way for u to evade some taxes:

have ppl put money into ur visa and u withdrawl it.

nothing big tho.

oh another questions

how related are my CREDIT and the GOVERNMENT?

cuz I decided to stop spending cash and pay everything on CC from now, in order to build up my credit...

but if I spend like 5000$ a month on my visa (paying it off 100% at the end of the month) , will the govt come knocking on my door? or do they "not have access" to the credit records?

thanx again :thumbsup

credit cards and what not they dont care.

but how u transfer the money.. thats where the govt can potentially catch u.

so, hypothetically, if I spend 1 million dollars on my cc, the government will have no idea about it?

interested as well...bump for offshore banking

pending u dont buy things that will get u caught. i dont think they will know.

but when the bill comes. thats gonna be a problem.

but regardless, there is still a paper trail with this method.

bdjuf-


if your sponsors have your canadian address then you'll have to claim that income. The IRS has an agreement with Rev Canada. They have a window of 7 years to come knocking on your door!

What you need to do is open a PO box and bank account in the states and have the money wired there. You'll have to pay US tax on the interest the money makes.


Good luck

A typically the offshore bank will give you a credit card (Visa, Mastercard) and you can pre-pay your card expenses. The only problem when you do that is you get no interest...