Thread: Hey Jer
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Old 01-27-2005, 06:16 PM  
Jer
God is Brazilian
 
Join Date: Feb 2001
Location: Brazil
Posts: 10,601
(thanks slapass for sending the link to this thread)

Pornopat, the corp tax went from about 20% to ?%.

Yep, I don't know exactly how much it increased since we pay like 5-6 kinds of tax and the total was about 20% (applied to the gross income), and 2 of them were raised. I'll ask my accountant.

For this kind of corp I can transfer the profit to my name without paying individual taxes. The individual tax is 27.5%.

There are other kinds of corps with different tax rates.
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