3 ms·
A person might still enjoy certain (taxable) benefits. I can buy a castle through a company. This is possible and not a problem. However, if I want to go live
by charlesdm 11y ago
A person might still enjoy certain (taxable) benefits. I can buy a castle through a company. This is possible and not a problem.
However, if I want to go live in said castle, I usually have to pay some tax on the benefit received. Or pay market rate rent to the company. If I just want to hold the castle as an investment, then obviously I wouldn't have to pay personal tax on that.