Here's a simple question for you... - I live in Canada - My clients are in the USA - I heard that...if I bill my US clients from a Canadian bank, ALL my earnings will be taxed but if I bill my US clients from an offshore bank, NONE of my earnings will be taxed by the Canadian government because the transaction will NOT be done on Canadian soil... is this correct?
Thank you for your question. We'd be happy to help you navigate the best practices for reducing your taxes and explore offshore banking structures for your business. Reach out at this link: nomadcapitalist.com/apply/
Here's a simple question for you...
- I live in Canada
- My clients are in the USA
- I heard that...if I bill my US clients from a Canadian bank, ALL my earnings will be taxed but if I bill my US clients from an offshore bank, NONE of my earnings will be taxed by the Canadian government because the transaction will NOT be done on Canadian soil... is this correct?
Thank you for your question. We'd be happy to help you navigate the best practices for reducing your taxes and explore offshore banking structures for your business. Reach out at this link: nomadcapitalist.com/apply/
Thank you