Question : How to shelter/avoid tax in Canada?
- asked by Atlas
All Answers:
Answer #1
don't file them in the first place....
- answered by drjanders
Answer #2
Get the hell out of there or in a hole.
- answered by amsaved
Answer #3
Buy an RRSP. Of course, you will end up paying taxon the amount when you withdraw it, but it will betax sheltered in the interim.I'd be cautious of"tax shelters", as many of them come underscrutiny from CRA.A genuine tax deduction involveshaving a genuine, tax deductible expense.
- answered by CanadianBlondie
Answer #4
If you don't run at least a micro business, thenyou are a willing Vitim of the system.You have theoption of structuring a business that includesdoing the things you like, but doing them as abusiness that expects to profit from theactivity.Further you need a basic education on howto structure this properly. If you are looking forsources of how to do this, let me know and I willemail you info on free sources.
- answered by Dan White
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measure and fulfill your financial needs
