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Old 03-29-2016, 10:17 AM   #146
CaptainYooh
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Quote:
Originally Posted by CliffFletcher View Post
...
Anyone who thinks Canada has a high tax regime is clueless. ...
I always assume that there is rhyme and reason in these transactions. I once met an immigration lawyer out of Toronto assisting people in gaining citizenship in other countries based on the objectives they have (financial, tax, family,travel convenience, property security etc.). For example, to become a citizen of Malta, which opens some different doors to EU for North Americans, would cost approximately $250,000. People that pay this amount have much more at stake, I presume. People like Edwards have hundreds of millions more at stake. They use teams of professionals - tax lawyers, immigration lawyers, accountants and bankers on both sides of the border - to calculate and model the savings for them. Do you seriously have any doubts he is doing it for huge tax savings?
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