By Jerry – The Easy Tax Guy

How many taxes do we pay in Canada?

I am going to list a few of these taxes that we pay.

Tax on Income,
Tax on  tobacco,
Tax on drinks,
Tax on car,
Tax on gas,
Tax on coffin,
Tax on grave,
The Inheritance Tax,

etc…..

There are other taxes like:

Accounts Receivable Tax
Airline Surcharge Tax
Airline Fuel Tax
Airport Maintenance Tax
Building Permit Tax
Cigarette Tax
Corporate Income Tax
Death Tax
Dog License Tax
Driving Permit Tax
Environmental Tax (Fee)
Excise Taxes
Federal Income Tax
Federal Unemployment Tax(UI)
Fishing License Tax
Food License Tax
Gasoline Tax (too much per litre)
Gross Receipts Tax
Health Tax
Hunting License Tax
Hydro Tax
Luxury Taxes
Marriage License Tax
Mortgage Tax
Personal Income Tax
Property Tax
Poverty Tax
Prescription Drug Tax
Provincial Income and Sales Tax
Real Estate Tax
Recreational Vehicle Tax
Retail Sales Tax
Service Charge Tax
School Tax
Telephone Federal Tax
Telephone Federal, Provincial and Local Surcharge Taxes
Telephone Minimum Usage Surcharge Tax
Vehicle License Registration Tax
Vehicle Sales Tax
Water Tax
Watercraft  Registration Tax
Well Permit Tax
Workers Compensation Tax
— and NOW the HST

So what can you do about this.

Simple, apply the rules that the wealthy are using like

• Business Diversification and Income Splits
• Partnerships
  
• Asset protection
• Life Insurance …etc…