Wife is asian. We didnt have to pay taxes on our house because it was a 'gift'. Its hilarious outsiders know the 'rules' better than we do.
If you have to pay 50% more tax than others what do you think?
I set myself a business overseas and my family and I are well but nothing makes me madder knowing I busted my ass for years and foreigners pay little to no tax. The good news is im teaching like minded folks how to get out of the system and do it legally. If outsiders can exploit this country its time to make that information widely available to other canadians. When the locals figure out the loopholes it will get shut down.
What's funny is that the left thinks that raising taxes is somehow going to tax only the rich and help the middle class, meanwhile it's the opposite. The middle and lower class get taxed more and fuck themselves over.
Meanwhile the rich don't pay tax. They don't get a t4 that states they got a million dollars a year in cash. They have diverse holdings, private corporations, real estate and offshore accounts. They hire good accountants.
Foreign owners don't buy houses in their names and pay 20% foreign tax or whatever it is. They make a numbered corporation and buy it under that, then they live in it or better yet - rent it out to a peasant hardworking Canadian. Zero tax extra.
Wife is asian. We didnt have to pay taxes on our house because it was a 'gift'. Its hilarious outsiders know the 'rules' better than we do.
If you have to pay 50% more tax than others what do you think?
I set myself a business overseas and my family and I are well but nothing makes me madder knowing I busted my ass for years and foreigners pay little to no tax. The good news is im teaching like minded folks how to get out of the system and do it legally. If outsiders can exploit this country its time to make that information widely available to other canadians. When the locals figure out the loopholes it will get shut down.
What's funny is that the left thinks that raising taxes is somehow going to tax only the rich and help the middle class, meanwhile it's the opposite. The middle and lower class get taxed more and fuck themselves over.
Meanwhile the rich don't pay tax. They don't get a t4 that states they got a million dollars a year in cash. They have diverse holdings, private corporations, real estate and offshore accounts. They hire good accountants.
Foreign owners don't buy houses in their names and pay 20% foreign tax or whatever it is. They make a numbered corporation and buy it under that, then they live in it or better yet - rent it out to a peasant hardworking Canadian. Zero tax extra.