Thread: New ORA fish
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Old 05-30-2009, 09:02 PM
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Quote:
Originally Posted by zoaElite View Post
Ahha, just a few condos nothing big I do that all the time. Pocket change really . I don't think it would be a good thing for me to fall into a bunch of cash, they make 30000g tanks standard right ?
Levi
hahaha...yeah it would be bad for me too I think. He buys the condos as investments instead of other ways he could invest money. They are brand new and no one will even live in them for years now. One is in my name though and the other in my brothers. All for tax purposes because in Singapore you are taxed 20% no matter what your income, just a flat income tax. So if he has ties to Canada still, he gets taxed by Canada while working there to make his income tax the amount he would pay if he were here working which is 55%. So he has to cut off all ties to Canada and say he has no plans to return. Even though he is returning to retire I think in about 8-10 years.

I wonder if his new clowns are also going to be considered investments?

Crazy thing is that he pays a company to care for his tank and if the fish die, the company replaces them...I wonder of they would replace these ones???
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