Thread: Nick, what the story on Canadien trusts taxation?
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Old 10-14-2005   #5
Nickatilynx
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Join Date: Oct 2002
Location: Vancouver Canada
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Default Re: Nick, what the story on Canadien trusts taxation?
On a news front...

They have to.Its a loophole you can drive a bus through.

For example..

My step mother lives in a tax haven.
She can give me an allowance from a family trust of $1m a year.

I pay no Canadian Income tax.
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