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You can always "sell a corporation." It is not necessary to go to a tax haven. I think you missed my point, which was that if I own a corporation and it buys a
by ChefDenominator 10y ago
You can always "sell a corporation." It is not necessary to go to a tax haven.
I think you missed my point, which was that if I own a corporation and it buys an asset, then I sell that corporation, are these things tied together?
If the corporation simply found a deal, then the owners of the corporation chose to sell, why would the corporation (or owners) get hit with a gain on asset (purchased by corporation) tax? The shareholders should be taxed as normal gain on assets (shares) and it should not be reflected in the taxes paid by the corporation, unless I am missing something.