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- 01:00, 1 November 2024 Minna04D78 talk contribs created page Crime Pays But Possess To Pay Taxes On There (Created page with "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 a person who is in the lower tax bracket. It may even be possible to lessen tax on the transferred income to zero if this person, doesn't possess any other taxable income. Normally, the other individual is either your spouse or common-law spouse, but it could even be your children. Whenever it is possible to transfer income to a pe...")