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Why would you be using (what I'm assuming is) a $2.5 million distribution from your business to buy a house? It seems like the better route would be to keep yo
by tdfx 16y ago
Why would you be using (what I'm assuming is) a $2.5 million distribution from your business to buy a house? It seems like the better route would be to keep your business and its cash offshore and pay yourself a salary which would be taxed by the US.
- tzury 16y agoIt does not matter how you are withdrawing the money, in a salary form or dividend, it will be taxed anyway, given that what is the point of all that operation, if by the end of the day you are paying taxes for that income.