Quote:
Originally Posted by Mutt
This is what I assumed is what's done. But doesn't the IRS or CRA in Canada see through that and make you defend what exactly these 'consultancy services' are and who is providing them?
My best friend comes from a fairly wealthy family, him and his sisters when they were young adults would get paid from the dad's company a couple grand a month. They didn't do any work. I wasn't jealous or envious, not in my nature to be that way BUT I could never understand how the taxman never investigated and I think the company was audited once.
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Well those kids would have been paying tax on the income as well.
Im about to start a corporation in china..for non adult of course.
tax there is 4%