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minusonebit · 10-23-2007, 10:24 PM

Well, you dont HAVE to pay taxes...

I think this is the reason most larger businesses setup their corps in tax haven places, places where there is no corporate income tax, and then yes, they do get taxed on thier income when they take their draw...

10-23-2007, 10:24 PM
minusonebit So Fucking Banned Join Date: Feb 2006 Location: [email protected] Posts: 7,391	Well, you dont HAVE to pay taxes... I think this is the reason most larger businesses setup their corps in tax haven places, places where there is no corporate income tax, and then yes, they do get taxed on thier income when they take their draw...