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• 16:47, 26 July 2026 AlishaChinKaw1 talk contribs created page Declaring Back Taxes Owed From Foreign Funds In Offshore Banks (Created page with "S is for SPLIT. Income splitting is a strategy that involves transferring a portion of revenue from someone is actually in a high tax bracket to a person who is in the lower tax clump. It may even be possible to reduce the tax on the transferred income to zero if this person, doesn't possess any other taxable income. Normally, the other person is either your spouse or common-law spouse, but it could even be your children. Whenever it is easy to transfer income to someone...")