XPost: can.internet.highspeed   
   From: Still-Just-A-Rat-In-A-Cage@crazyhat.net   
      
   In message  chuckcar    
   was claimed to have wrote:   
      
   >Try getting the real reason why banks want your SIN number - they say   
   >"tax" reasons. For tax on interest on your account. The regulation   
   >to pay tax on withdrawl amounts *over* $10,000 has just been removed.   
   >There is no other relevant tax in Canada. And there is absolutely   
   >noting on the full income tax form relevant.   
      
   You've not heard of "income tax"?  Bank interest is a taxable form of   
   income.   
      
   Sure, you probably only earn a penny here and there, at most, but it is   
   still considered income if not properly reported.   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)