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   can.taxes      All that "free" healthcare has a price      23,408 messages   

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   Message 22,858 of 23,408   
   Canuck57 to root   
   Re: CRA tax disputes   
   25 Mar 14 10:35:26   
   
   From: Canuck57@nospam.com   
      
   No court, but I would if I had too.   
      
   Thing is I file legitimately, and their dumb idiots made a mistake and   
   disallowed all my foreign tax credits, including the ones with T5s on   
   Canadian banks.   
      
   I drove the message home with this comment.  "If you disallow legitimate   
   foreign tax credits, does that mean I don't have to declare foreign   
   income on my T1?".  She then got real looking at the sources of foreign   
   income declared and agreed, I didn't get that money free of taxes.   
      
   So I sent them copies of the taxes paid as they lost them, then got it   
   all settled.  Even got a verbal apology trying to duck that they screwed   
   up (again).   
      
   She fell short of saying if you do offshore, you get targeted.   
      
   Stems from me moving money out of Canda for 4 years now to get better   
   returns.  For each $100,000 I moved, its now worth (1.00 / 0.89) 12.36%   
   more in terms of CAD before gains and dividends with add huge to the   
   total gains.   
      
   See, like Carney and CPP, I knew when to get some money out of Canada to   
   avoid the cumulative depreciation inflations taxes for excessive   
   Ottawa/provincial ponzi fraud debt.   
      
   As Canda is a tax inflated depreciating economy of debt.  We think a   
   2.9% GDP increase with 12.36% less value money is good news....how wrong   
   we are.  But hey, CBC and other government puppet media likes turd   
   polishing.   
      
   I am seriously contemplating dissolving almost all my Canadian   
   investments as in terms of world currencies like USD, Yuan and others,   
   Canada is losing value fast.  Like Bombardier, Kellogg, Caterpillar,   
   Heinz and others, they can't pass on the costs 12.36% more to customers   
   for materials, engines, parts, tomatoes...so they lay people off.   
      
   People with less value money (currency depreciation/inflation), with   
   more taxes, with hidden tax inflation on prices are going to spend less   
   on each others jobs.   
      
   But so much BS on CBC (Canadian Brainwashing Canadians), CTV, Global and   
   even Macleans seems to tow the Ottawa PR BS line. Most don't know the   
   economic screwing they are getting.   
      
   Inflation taxes for the last year are 12.36% on all CAD fiat money,   
   pensions, CPP, wages, incomes, a cumulative inflation tax and no one is   
   discussing the reality and negative impacts coming.   
      
   On 02/03/2014 3:27 PM, root wrote:   
   >   
   > I take it you guys did not go to court, right?   
   >   
   > Canuck57 wrote:   
   >>   
   >> Just won my 3rd dispute with CRA in 10 years.  Score is 3:0.   
   >>   
   >> But I couldn't get them to admit they screwed up big time.   
   >>   
   >> Dumb CRA thinks you are illegal if you have offshore income you   
   >> declare....so funny.  I asked the adjuster if you will not give me   
   >> credits for foreign income taxes paid, can I then not declare the   
   >> foreign income?   
   >>   
   >> They even messed up on Canadian homed accounts and excluded the T5 tax   
   >> credits for foreign taxes paid.   
   >>   
   >> But I am sure I figure some CRA newbie idiot thought offshore is illegal   
   >> or something.  Its not illegal if you have filed the income and credits   
   >> properly like I did.   
   >>   
   >> Best part of offshore?  Is that money didn't get devalued (1.00 / 0.90)   
   >> 11% like other suckers investing in Canada for return rates below real   
   >> inflation+taxes.   
   >>   
   >> My only regrets is not sending more into the USD and offshore.   
   >>   
   >   
      
      
   --   
   Socialist-statism corruption is a great idea so long as the credit is   
   good and other people pay for it. When the credit runs out and those   
   that pay for it leave, they can all share having nothing but   
   unemployment, debt and discontentment.   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   

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