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Can you please share the details on the tax benefits? I am an immigrant and have started and sold companies and I didn't find any tax benefits.
by timewarrior 10y ago
Can you please share the details on the tax benefits? I am an immigrant and have started and sold companies and I didn't find any tax benefits.
- partiallypro 10y agoI should clarify, there's no -direct- tax benefits. It's largely to do with capital (immigrants generally pool capital better) which they can write off for years. Most Americans don't put up as much personal capital. There are also grant programs and guaranteed loans which immigrants can utilize which regular citizens generally don't have access to. Though on a whole the raising of capital is similar.