Sunday, March 27, 2011

Beware of schemes that promise you a 100% tax deduction

Beware of schemes that promise you a 100% tax deduction through buying tax losses. See http://tinyurl.com/Beware-unorthodox-tax-shelters

 

www.canadiancapitalist.com
Larry MacDonald wrote a post today on a scheme to reduce up to 100 percent of your income tax. The scheme purportedly involves purchasing tax losses from R&D

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