In previous posts I have discussed how to use an Offshore Asset Protection Trust to protect your assets from lawsuits and creditors. One of the
How to save taxes by moving your business offshore
Canada is generally considered a high tax jurisdiction. It is ranked # 25 in the world for highest taxes which is higher than the United
Tax lawyer explains what an arbitrary assessment is
What is an Arbitrary Assessment ? This video from “Wolf of Tax Street” explains it in a nutshell. Click here
What is an Arbitrary Assessment ?
If you don’t file your tax returns the Canada Revenue Agency (“CRA”) can estimate your income and issue a notional tax assessment against you called
What is a Net Worth Assessment ?
The Canada Revenue Agency (“CRA”) has many tools available to it for assessing taxpayers with what the CRA believes is unreported income. One of those