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OnlinePoker

(5,719 posts) Wed Sep 30, 2015, 12:38 PM Sep 2015

Local (Victoria, BC) family hides $25 million in KPMG scheme

Gets money back as "gifts" which is not subject to income tax in Canada. A lawyer tells the story on a local radio show.

http://mtplaw.com/kpmg-isle-of-man-tax-scheme-victoria-family-may-owe-millions-in-tax/

2 replies

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Highlight:

Local (Victoria, BC) family hides $25 million in KPMG scheme (Original Post) OnlinePoker Sep 2015 OP

Smirko Bush wanted to just give up collectin' taxes on the wealthy. Octafish Sep 2015 #1

Here's a more indepth article u4ic Sep 2015 #2

Octafish

(55,745 posts)

1. Smirko Bush wanted to just give up collectin' taxes on the wealthy.

Reply to OnlinePoker (Original post)

Wed Sep 30, 2015, 12:52 PM

Sep 2015

"The rich hire lawyers and accountants for a reason – to pass the tax bill on to you." — George W. Bush

Saddened to see that kind of thinking in the paradise on Earth that is British Columbia.

u4ic

(17,101 posts)

2. Here's a more indepth article

Reply to OnlinePoker (Original post)

Wed Sep 30, 2015, 05:20 PM

Sep 2015

http://www.cbc.ca/news/business/kpmg-offshore-sham-deceived-tax-authorities-cra-alleges-1.3209838

Too many in the city freak out about the homeless on Pandora, but the real (money) junkies are living cozy elsewhere.

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