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Old 04-07-2011, 03:45 PM   #1089
IliketoPuck
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Join Date: Sep 2009
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Offshore accounts only being somewhat facetious.

It is possible that you could incorporate yourself, and then be able to distribute your income from your corporation to yourself in the form of dividends which might reduce your taxes a bit. As a consultant this is what I've done and been able to reduce my taxes quite a bit.

If the RRSP reduction on your taxable income isn't relevant to your tax bracket it might be worthwhile to ride your gains/losses from the market if you think the future tax rates are going to be that prohibitive on you.
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