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Sure, but how is that different than other investments such as stocks or bonds? Claiming personal expenses as business expenses is slippery, we are in illegal
by nightski 8y ago
Sure, but how is that different than other investments such as stocks or bonds?
Claiming personal expenses as business expenses is slippery, we are in illegal territory here.
- dragonwriter 8y ago> Sure, but how is that different than other investments such as stocks or bonds? Since stocks are how one owns a corporation, it's literally exactly the same as stocks, which are not an “other investment”. Of course, there is a manifest difference between controlling enough stock that one determines, among other things, if, when, and how much a corporation distributes back to shareholders and, well, not controlling that much. But the same issue, in principal, exists with shareholders collectively as with a single shareholder individually, though coordinated action becomes harder with larger numbers.