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Old 01-31-2013, 08:24 PM   #3
HonestTea
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Quote:
Originally Posted by DaFonz View Post
Why are you advising your friend why you clearly don't have any common sense?

She isn't Canadian...
She lives in HK...
...and you're asking about paying canadian taxes?

The business your friend is proposing isn't rocket science.

- Take money
- Put in bank account
- Ship product
Lol

A) I'm not advising my friend, I'm asking for advice for her as I'm just a Finance student not a business owner.

B) I have no stake in this, so I'm not advising her anything.

C) Once again I'm not her adviser, accountant or am I taking part in any of her business.

D) So if she makes 50k and since it's in her HK bank account, she can bring it over to Canada and use it without getting taxed? Just trying to get that clear and isn't the 10k max she can bring over per visit? Because eventually I think she wants to bring the money here to invest and do other things in Canada.

Edit: Regarding the last part, just like she and I thought. Just making sure she isn't doing anything illegal.
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