Tax shelters in canada what are they how do they work how to get the most for your money author w e mcleod publication info vancouver seattle international self counsel press 1978 cover 1979 format book. Tax shelters in canada aim to reduce or eliminate your tax liability they are great ways for canadian investors to cut their tax bills tax shelters in canada aim to reduce or eliminate your tax liability they are great ways for canadian investors to cut their tax bills self reliant lives with feature stories on tending the garden . Manoeuvres like this are termed tax shelters theyre the work of sharp eyed lawyers and accountants who spot unexpected ways to legally beat the system set up by legislators and bureaucrats . The income tax act defines tax shelter and gifting arrangement in subsection 23711 generally a tax shelter is a gifting arrangement described under paragraph b of gifting arrangements a gifting arrangement described under paragraph a of gifting arrangements or an investment in property other than prescribed property or flow through shares where it is reasonable to consider . I used to do financial reports for tax shelter investors up until and a bit into when the tax laws changed probably screwed by a dem controlled congress they were always ssholes when it came to raising taxes on everyone they have reduced it all to this i pay taxes and he didnt because he lied and cheated and hes proud of it
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