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To: Taikun who wrote (49688)	5/8/2004 8:22:47 PM
From: Seeker of Truth	Respond to of 74559

Hi Taikun, Not only must a fee be paid to the government for establishing the corporation, the lawyer or accountant who helped you, if there is such, will want to be paid. Thereafter every year the corporation is supposed to report to the government, even if nothing was bought or sold in that year and no interest obtained. If you don't remember this your lawyer/accountant will remind you and charge you a fee for complying. When you finally disburse the income, at retirement time, you may find that part of your earnings are in the top bracket any way, which is because A. the top bracket income is not that high and B. the governments at both federal and provincial level will have to support a huge generation with pensions, along with you so the tax rates will all be higher. If your wife has any earnings then you can assume all the household costs and she will invest all her earnings. That should be done. The only really great tax "dodge" I know is not to sell. Sorry, no help. Malcolm