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- 04:39, 1 November 2024 MiraPrichard476 talk contribs created page 3 Products In Taxes For Online Businesses (Created page with "S is for SPLIT. Income splitting is a strategy that involves transferring a portion of revenue from someone will be in a high tax bracket to a person who is in the lower tax segment. It may even be possible to lessen tax on the transferred income to zero if this person, doesn't possess other taxable income. Normally, the other body's either your spouse or common-law spouse, but it could even be your children. Whenever it is possible to transfer income to someone in a low...")