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• 00:17, 24 July 2026 JulianeWillason talk contribs created page Declaring Back Taxes Owed From Foreign Funds In Offshore Accounts (Created page with "<br>S is for SPLIT. Income splitting is a strategy that involves transferring a portion of greenbacks from someone who's in a high tax bracket to someone who is in a lower tax range. It may even be possible to reduce the tax on the transferred income to zero if this person, doesn't have got other taxable income. Normally, the other individual is either your spouse or common-law spouse, but it can also be your children. Whenever it is easy to transfer income to a person i...")