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- 23:11, 5 January 2025 BradyGiorza5243 talk contribs created page Getting Associated With Tax Debts In Bankruptcy (Created page with "S is for SPLIT. Income splitting is a strategy that involves transferring a portion of revenue from someone who is in a high tax bracket to a person who is in the lower tax group. It may even be possible to lessen tax on the transferred income to zero if this person, doesn't have other taxable income. Normally, the other person is either your spouse or common-law spouse, but it can also be your children. Whenever it is easy to transfer income to a person in a lower tax b...")