3 ms·
since when have they spoken positively about tax avoidance lol
by billsix 9y ago
since when have they spoken positively about tax avoidance lol
- Xylakant 9y agoAccording to the article, the issue is not that much tax avoidance as actually paying the tax. A sale would trigger a taxable event and taxes need to be paid from the cash assets. Consulting companies don't have much in cash lying around usually, so that might be an event that could threaten the companies livelihood. Now if you sell to an investor, you receive cash from which you can pay the taxes, but if you "sell" to a trust fund, you don't.