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> I think onlyrealcuzzo suggested that problem would be fixed by "properly tax money as it LEAVES companies" What if the money never leaves, but instead is spe
by tivert 8y ago
> I think onlyrealcuzzo suggested that problem would be fixed by "properly tax money as it LEAVES companies"
What if the money never leaves, but instead is spent by the corporation to benefit the individual?
- tantalor 8y agoThat type of behavior falls into category of either "income" or "embezzlement".
- drcharris 8y agoThen it's probably regarded as a 'constructive dividend' by the IRS and is liable to tax. https://www.thetaxadviser.com/issues/2017/may/identifying-constructive-dividends-shareholders.html https://www.thetaxadviser.com/issues/2017/may/identifying-co...