>>Michel
>>
>>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.
>>
>>For that matter if all web-based companies did likewise, the loss of revenue to the MGCG would be substantial wouldn't it?
>>
>>If you can't beat em, dazzle them with bulls--t, or something like that? ;)
>>
>>Food for thought.
>
>Well, that's trying to deal with a symptom, rather than the problem itself.

I've seen lots of programmers do lots of that, so why knock me? ;)

>
>It's also worth pointing out that one needs to be very careful in planning maneuvres whose sole purpose is to avoid tax. This falls foul of the General Anti-Avoidance Rule (GAAR - http://www.cra-arc.gc.ca/E/pub/tp/ic88-2/ic88-2-e.html)

Ah, c'mon. People have bank accounts in Bermuda, no?