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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Snowshoe who wrote (58011)	12/31/2004 8:29:54 PM
From: TobagoJack	Respond to of 74559

<<Taxed at 40%? Yikes!!! Guess I won't be moving to Canada any time soon>> For those in tune with the Force and weaved into the Fabric of IT, or, eh, home.boom.com.hk , the effective rate would be zero, which compares quite favorably to Guam, US of A, with its confiscatory 15% rate. For Canadians with Barbados domiciled off-shore companies, liable for a 3% corporate tax, repatriation of company's equity gains can, I suppose, be tax-efficient, as in free. Canada, unlike the US of A, has no worldwide income tax. For those Freedom-loving Canadians care enough to establish metaphysical residency in Communist Macao, in exchange for USD 64k investment in a small apartment, things could work out quite well in the Last Man Standing Financial Death Match elimination rounds. Chugs, Jay