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   can.legal      Debating Canuck legal system quirks      10,932 messages   

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   Message 9,487 of 10,932   
   DevilsPGD to was claimed to have   
   Re: Collection Agencies   
   13 Apr 10 14:44:11   
   
   XPost: can.internet.highspeed   
   From: Still-Just-A-Rat-In-A-Cage@crazyhat.net   
      
   In message  DevilsPGD   
    was claimed to have wrote:   
      
   >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.   
      
   Err... "And must be properly reported"   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   

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