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Nov 5, 2017 | 15:49 1 https://www.icij.org/investigations/paradise-papers/explore-politicians-paradise-papers/

Looks like we have Chretien,Martin, Morneau and Mulroney all making an appearance. Oh the hypocrisy of wanting the 1% to pay.

Justin Trudeau's close adviser, Stephen Bronfman, helped move huge sums offshoreA key aide of Canada's PM has been linked to offshore schemes that may have cost the nation millions of dollars in taxes, threatening to embarrass Justin Trudeau, who has campaigned to shut tax havens
Last edited by macdon02; Nov 5, 2017 at 15:54.
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fjlip's Avatar Nov 5, 2017 | 17:39 2 And the noose tightens, hopefully on gonads....can't wait to hear more..stay tuned for the howls of pain! Reply With Quote
SASKFARMER3's Avatar Nov 5, 2017 | 17:52 3 Cayman islands Reply With Quote
Nov 5, 2017 | 17:58 4 Can't believe it our righteous leader would ever be involved in some shady deal like this. Reply With Quote
Nov 5, 2017 | 18:49 5 This will blow over for our fearless leader as cbc and ctv are not interested in reporting on issues that might interfere with his re.election .He is at the throuph with morneau and the rest of the liberal clan. Reply With Quote
Nov 5, 2017 | 19:30 6 Both the Conservatives and Liberals have been useless at stopping wealthy Canadians and corporations from evading taxes in tax havens. Mulroney is on the list too. Remember the former Conservative government was connected to KPMG and the promotion of tax havens in the Isle of Man. Reply With Quote
SASKFARMER3's Avatar Nov 5, 2017 | 19:37 7 Mulroney isn't the PM of canada any more Trudeau is lets nail him.

Or in chuckles world maybe we should dig up defenbaker maybe he had money also in these trusts.


Your guys are crooks chunky realize it. Reply With Quote
Nov 5, 2017 | 19:39 8 Its all right isn't no one is cheating just using the laws as they are wrote..!!!! Isn't that what all you that use loopholes in incorporating are doing and championing your rights ???? Reply With Quote
Nov 5, 2017 | 19:57 9 It's safe to say Justin Trudeau and his appeal to the "middle class" is now done.

It has been revealed all kinds of friend of the Trudeau's and the Liberal party....even Liberal party fundraisers are using the tax havens they are talking about cracking down on. 😂 Reply With Quote
Klause's Avatar Nov 5, 2017 | 20:05 10 Look at who Trudeau's friends are... All trust fund babies that are completely understand noteworthy other than their inherited family wealth.

Spoiled rich brats with no skills of their own... Oh wait. Reply With Quote
LEP
Nov 5, 2017 | 20:08 11
Quote Originally Posted by Horse View Post
Its all right isn't no one is cheating just using the laws as they are wrote..!!!! Isn't that what all you that use loopholes in incorporating are doing and championing your rights ????
So Horse, your equating incorporating a small business to having an off shore trust?

it is about as night and day as you can get.

Oh ya, it was either the Chretein or Martin liberals that allowed the Irvings to forgo a "Billion" in tax owing when they transferred a few billion offshore.

Just a small favour for a friend. Reply With Quote
LEP
Nov 5, 2017 | 20:32 12 Also interesting you mention Mulroney, who was a director not a shareholder of a company registered offshore.

But you don't mention Chretein or Paul Martin. It was quoted that Paul Martin and his sons are among the biggest customers for the law firm with tens of thousands of clients.

Things that make you go hmmm. Reply With Quote
Nov 5, 2017 | 21:04 13 Tax evasion? I'm shocked!!!

http://www.hiddenmysteries.org/conspiracy/reststory/bronfmanevade.html

I'm not even going to comment on these old family traditions. Reply With Quote
Nov 5, 2017 | 21:29 14
Quote Originally Posted by LEP View Post
So Horse, your equating incorporating a small business to having an off shore trust?

it is about as night and day as you can get.

Oh ya, it was either the Chretein or Martin liberals that allowed the Irvings to forgo a "Billion" in tax owing when they transferred a few billion offshore.

Just a small favour for a friend.
So if you only steal a little you are better than those who stole a lot ?? Reply With Quote
Nov 5, 2017 | 21:32 15
Quote Originally Posted by SASKFARMER3 View Post
Mulroney isn't the PM of canada any more Trudeau is lets nail him.

Or in chuckles world maybe we should dig up defenbaker maybe he had money also in these trusts.


Your guys are crooks chunky realize it.
Never ever voted Liberal. Just pointing out that it is both The Liberals and The Conservatives who have failed to adress the issue of offshore tax havens. Both have friends and supporters who use tax havens. Good to see that the CBC is digging deep on This issue. The CBC also covered the Cobservative party's connection to KPMG and offshore tax havens. Reply With Quote
farmaholic's Avatar Nov 5, 2017 | 21:42 16 Incorporated small businesses that probably don't go over the $500K net income versus Large business or family trusts with money offshore or businesses registered off shore.....I fail to see the similarities. Reply With Quote
Nov 5, 2017 | 22:18 17
Quote Originally Posted by farmaholic View Post
Incorporated small businesses that probably don't go over the $500K net income versus Large business or family trusts with money offshore or businesses registered off shore.....I fail to see the similarities.
So lets say I steal a single axle truck load of your grain, or I steal a super b,is there a difference ?? Reply With Quote
Nov 5, 2017 | 22:31 18 Won't do much damage as CBC and CTV will not bother to expose. A footnote maybe. Reply With Quote
farmaholic's Avatar Nov 5, 2017 | 22:44 19
Quote Originally Posted by Horse View Post
So lets say I steal a single axle truck load of your grain, or I steal a super b,is there a difference ??
....only if you take the money out of the country to avoid paying taxes at home.

By the way...Incorporation is only a tax deferral and unless you are a complete fraud.....the Gov gets their share later than sooner because the money is supposed to be all accounted for. Reply With Quote
Nov 5, 2017 | 22:53 20
Quote Originally Posted by Horse View Post
So if you only steal a little you are better than those who stole a lot ??
Horse I need some serious clarification. Are you saying that because my farm is incorporated I am stealing? And you wonder why I can't stand socialists! I personally think when you a personal tax rate over 50% that is stealing(combined fed and provincial rates in many provinces over 50%)!! Reply With Quote
Nov 6, 2017 | 01:43 21
Quote Originally Posted by RWT101 View Post
Tax evasion? I'm shocked!!!

http://www.hiddenmysteries.org/conspiracy/reststory/bronfmanevade.html

I'm not even going to comment on these old family traditions.

And what has changed since that story was written? It's only continued or gotten worse.

A couple of weeks ago, Andrew Coyne had an article in the NP - "Morneau can't solve the tax problem because he IS the problem".

Bingo.

Oh, BTW, this story should reassure us that all will be accounted for because the CRA tells us that the real tax cheats will be exposed -

http://nationalpost.com/news/canada/...aradise-papers
Last edited by burnt; Nov 6, 2017 at 01:51.
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Nov 6, 2017 | 01:54 22 In the climate change thread, we discussed the double standard that the governing elite impose on the rest of society regarding the qualifications required to be a climate change expert. This is more of the same double standard from the same entitled elite, claim farmers and small businesses are all tax cheats, meanwhile they are doing this? Reply With Quote
Nov 6, 2017 | 06:52 23
Quote Originally Posted by chuckChuck View Post
Never ever voted Liberal. Just pointing out that it is both The Liberals and The Conservatives who have failed to adress the issue of offshore tax havens. Both have friends and supporters who use tax havens. Good to see that the CBC is digging deep on This issue. The CBC also covered the Cobservative party's connection to KPMG and offshore tax havens.
The conservatives didn’t call me a tax cheat for incorporating. The conservatives didn’t try to raise taxes on farmers while droning on about tax fairness. Pretty hard to talk about tax fairness with a straight face when the richest companies in Canada are not paying their fair share by using off shore tax havens. Reply With Quote
LEP
Nov 6, 2017 | 06:57 24
Quote Originally Posted by Horse View Post
So if you only steal a little you are better than those who stole a lot ??
Horse, you are clearly slinging bs about something you don't know anything about. Like Farmaholic says a corporation is a tax deferral mechanism and once you withdraw income from it you pay the same combined tax rate as you would personally.

Offshore trusts are there for the express purpose to not pay any Canadian tax. It is legal if tax paid money is moved into them, which clearly isn't happening.

I gather you are an old socialist. Not any better informed than these millennial socialists.
Last edited by LEP; Nov 6, 2017 at 07:01.
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Nov 6, 2017 | 07:01 25
Quote Originally Posted by Horse View Post
Its all right isn't no one is cheating just using the laws as they are wrote..!!!! Isn't that what all you that use loopholes in incorporating are doing and championing your rights ????
Your comment is not only dumb but totally wrong. When liberal fundraisers are running off shore tax schemes that has nothing in common with me incorporating. If trudeau ends offshore tax havens so ends his political donations. In some ways this was timed just right. Bill Morneau was in trouble before for being a whinny, entitled pice of shit. Now what was left of his image is totally tarnished. The liberals will have a rough road ahead convincing people they are out for the middle class. It’s amazing to me people are dumb enough to believe the regurgitated vomit trudeau spews from his mouth everyday. Reply With Quote
Nov 6, 2017 | 07:48 26
Quote Originally Posted by AlbertaFarmer5 View Post
In the climate change thread, we discussed the double standard that the governing elite impose on the rest of society regarding the qualifications required to be a climate change expert. This is more of the same double standard from the same entitled elite, claim farmers and small businesses are all tax cheats, meanwhile they are doing this?
We were not supposed to find out about the tax havens and villas I guess. 😂

Similar to we were not supposed to find out about out climate alarmist minister purchasing 5 luxury cars for "emission testing" and keeping the cars for a year and a half!! The car manufacturers would of supplied all 3rd party testing information for free! Reply With Quote
Nov 6, 2017 | 08:04 27 Just funning this morning.....anyone find SF3 named in the papers?

It's good to poke the bear once in awhile. .... Reply With Quote
Nov 6, 2017 | 08:10 28 This Liberal and Quebec corruption has been going on for several generations.


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Nov 6, 2017 | 09:06 29 Horse do you have an rrsp or a tax free savings account if so you are a tax cheat or have you ever bought inputs or supplies for year end? If so you are a tax cheat whether you saved 1 dollar or a billion dollars. Reply With Quote
Nov 6, 2017 | 09:12 30 I am not calling anyone a cheat all I'm saying is those that can afford to ude all the tax advantages use them. Why would anyone bother to incorporate and pay accounting fees and audit plus the cost to set up and again if you resolve if there is no advantage to incorporating.
I think you are all jealous of those with more money and able to use the system. Less than 1% use tax havens, somewhere around 12% use inch , that leaves 77% Joe six pack that can't use any of the perks of the wealthy. I could list some of the perks incs use but you all know where you stretch the lines. How many personal corps, or professional corps,I don't think they relay fit the bill for small business Reply With Quote