Quote:
Originally posted by DrinkingHard
You people are all retarded! 
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
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glad to see someone gets it
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.