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| Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed. |
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10-16-2003, 10:32 AM
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#1 |
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Confirmed User
Join Date: Jan 2003
Posts: 623
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income splitting?
Does anybody know anything about the subject of income splitting for small corporations in running your adult biz?
For example, Alberta has ~18% tax on <= $300k and Nevada ~20% tax on <= $75k. So if your US company takes in all the income it's inefficient because you should pay out a consulting fee to the Alberta company every year to reduce taxes to the higher taxed US co... Just wondering in general if income splitting like this is legit and also if a company can be be paid by another company a consulting fee in place of paying an actual individual... |
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10-16-2003, 10:35 AM
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#2 |
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Confirmed User
Join Date: Nov 2001
Location: A van down by the river
Posts: 442
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Talking to a lawyer is the best way to go. Have you tried searching Google yet?
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