3 ms·
but corporations can already reinvest in themselves tax free, and on top of that capitalizable expenses get to be spread across tax periods for tax sheltering p
by clairity 10y ago
but corporations can already reinvest in themselves tax free, and on top of that capitalizable expenses get to be spread across tax periods for tax sheltering purposes.
tax shields are so valuable to that they can actually be bought and sold as an asset separate to the corporation (in a not uncomplicated structure and set of circumstances iirc). typically this is done for shareholder benefit rather than for some coherent investment strategy (the benefit is not only capital but power and influence as well).