>What if the UT were hosted in the US or elsewhere? The content would be placed outside Canadian borders. If funds were collected elsewhere and a "royalty" cheque were sent to you monthly, would this not effectively bypass the money grubbing canadian government (MGCG)? Discuss that with your tax lawyers.

The corporation is registered in Canada. That is the big issue.

>For that matter if all web-based companies did likewise, the loss of revenue to the MGCG would be substantial wouldn't it?

Yes