4 Comments on “Can I avoid taxes on my revenue from adsense?”

1. section245
   October 21st, 2007 at 4:45 pm

   Evade, no, not without risk probably way out of line with the tax you are evading. Avoid – well, I know nothing about adsense but if it is a legitimate business sure you can deduct the expenses you incurred to earn the income. Tell me a little about adsense and I’ll let you know.

2. my16paws
   October 23rd, 2007 at 3:21 am

   Avoid = hide = breaking the law.

   Yes you can avoid it by mot declaring it. But if/when CRA finds out about it the interst and penalties count be very very hide.

   The best route would be the “create a business” and deduct other expenses.

3. J
   October 26th, 2007 at 3:43 am

   You need to claim all revenue you recieve. Do not avoid taxes it is not worth it. If you are unsure as to what tax credits are offered or how best to pay the least amount in taxes contact the Canada Revenue Agency. You can email them and they do not need to know who you are. Also have you thought about putting the revenue into RRSP’s because then you would not have to pay taxes on that revenue at this time.

4. donfletcheryh
   October 27th, 2007 at 6:54 pm

   You will notice that the word avoid and evade are being confused by answerers, Tax avoidance is applying legal means to reduce net income, and generally you can not avoid any part of earnings unless you are an independent business, a travelling sales person, or work away from your home and have to travel long distances.

   Tax evasion is the illegal failure to declare income or to claim deductions for costs not incurred.

   Things like providing an employer with a wrong SIN so that the income is attributed to another taxpayer would be evasion, and illegal. Claiming 15 kids as dependents would likely be evasion.

   Claiming to be an Alberta Resident might be legal or evasion, depending on where you lived on the last day of the year.

   Stick with legal avoidance, avoid evasion.

Leave a Reply

You must be logged in to post a comment.