Posted on: 20-12-07 15:43:45
Hello,
Two questions, with respective scenarios.. both under study permit.
From 2002 - 2005, the tax returns were submitted using an Indian lady's help. But after 2005, company cheques were deposited into the account. So, those tax returns weren't done after 2005 just to avoid any unwanted attention.
1) A canadian company gives a cheque to a study permit holder, intl student, without requiring the SIN. Cheque is withdrawn at TD Canada Trust. Any taxation issues? The amount is not vast.. coming close to 5,000 per month.
2) A US company sends a bank wire to the TD Canada Trust account. Any taxation issues?
All this noting the fact that there is no work permit in the picture. Companies are owned by friends and the study permit holder occasionally does consulting for them.
So, they're kind of 'friendship' cum consulting payments, lol.
Please help.
close your a/c
buy o/w ticket
head back to the bushes
practice voodoo or
become a bush doctor
you must be chewing gum
you must be smoking too
you wear mini skirt
you wear halter top
you also stand on the street corners
5g's tax free per month
not a vast sum
you are not a student
you are a pro
scram
beat it
vamoose
eclipse
get lost
6:15
When you reach your destination
go and hide but practice to
sing: eeee ou uh ah ah...................
your Mom surely must love you.
What makes you think I don't do all those already?
Forget my mom, wanna know a secret? Your mom loves me too. And man, does she ever!
(PS: If you have nothing to say, say nothing at all.)
hi since you have not given your SIN #, you dont have to worry but next time never play with the fire. Be careful
Quote:
Originally posted by CD123
What makes you think I don't do all OF those already?
Forget my mom, wanna know a secret? Your mom loves me too. And man, does she ever!
(PS: If you have nothing to say, say nothing at all.)
_______________________________________________________________
I am a lover and every body loves me. Let us leave it at that.
When you work for some one and collect money without providing a SIN number, collect it under the table in the form of CASH. Let them figure out how to get out of the mess they created.
You have no problems and you have no need to come to a board and confess.
You want to be a career person. See what it takes to become a GOOD person.
The people who are helping YOU should go ONE BETTER and do it the right way. They might have helped you and vice versa, but NOT THE CORRECT way.
See where they put you and see where you are NOW.!!!
Let me give you the next scenario: You deposited the cheques into the bank. The bank has your SIN number and your name and address. End of the year you made ninety nine cents in interest and you get a "T5 SLIP" and they now are looking for YOU. They know the account number and your address, NOW where do you go from here? Only into hiding and into the bushes. But the next time file it in "the returns"
Where does your education and career lead you to? No where.!
You are now a tax dodger. One that is running away from the tax man.
If you want to know, the tax man, the immigration man, and the Canadian Government is all wrapped into ONE big CLAW, looking for you. They all are one and the same. Currently they don't even need permission to access your files from one department to the next. The power that they can wield is unbelievable.
All you can do is go into hiding in a bush and become a bush doctor, practice voodoo and join the ranks of wanted people!!
You are a student without a work permit. You are able to accomplish all of this without any difficulty and yet not bright enough to understand the ways and go about it smoothly and enjoy your fruits of labour and live care free.
May be my harsh response opened up your mind to the realities of this world.
NOW go and see all of those people that helped you, and, GET a letter stating that the moneys that they advanced to you were for your education and support. Make sure it is to the LAST CENT. It does not matter if it was from Canada or from the US of A. Have these letters before the year gets over and by courier. May be then you can some how wangle your way out of it. You will find a fast way out of it too.
{{You don't have to jump into it. But here it is. Pay all of it back to them the same way they paid you. If it is by cheque, then by cheque. If by wire, then back to them by wire transfer. Then go and collect the same in CASH and go on with your life like all of the others do. You could have figured this one out all by yourself.}}
A VERY MERRY CHRISTMAS.
From all of us at the CD.
Freddie.
