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Paradise Papers

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  • LEP
    Senior Member
    • Feb 2007
    • 2456

    #11
    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.

    Comment

    • LEP
      Senior Member
      • Feb 2007
      • 2456

      #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.

      Comment

      • RWT101
        Member
        • Oct 2017
        • 77

        #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.

        Comment

        • Horse
          Senior Member
          • Dec 2003
          • 1930

          #14
          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 ??

          Comment

          • chuckChuck
            Senior Member
            • Dec 2006
            • 12682

            #15
            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.

            Comment

            • farmaholic
              Senior Member
              • Sep 2010
              • 17466

              #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.

              Comment

              • Horse
                Senior Member
                • Dec 2003
                • 1930

                #17
                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 ??

                Comment

                • westernvicki
                  Senior Member
                  • Mar 2014
                  • 867

                  #18
                  Won't do much damage as CBC and CTV will not bother to expose. A footnote maybe.

                  Comment

                  • farmaholic
                    Senior Member
                    • Sep 2010
                    • 17466

                    #19
                    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.

                    Comment

                    • Hamloc
                      Senior Member
                      • Jan 2014
                      • 3894

                      #20
                      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%)!!

                      Comment

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