Re:Canada is the world’s newest tax haven (2017)
by aianus on Monday November 18, 2019 @10:03PM
(#21570343)
And if your small business (of at least 2 years) is acquired, you get to keep the first $800k entirely tax-free [0].
Wage labour is truly for suckers in Canada.
[0] https://www.canada.ca/en/revenue-agency/services/tax/individ...
And there's a whole army of 'small businesses' and 'investors' and 'consultants' lobbying to ensure this remains the case, despite much of their work being wage labour in reality. Driving around in 'company' cars, and owning 'corporate' assets, sponging...