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That's ... not a massive loophole used to hide money from taxation?

• rjtavares 6y ago
  No, because they are taxed at basically the maximum marginal rate. There are cheaper ways to avoid taxation. It's seldom used and only when there's no alternative (e.g. a lost invoice that you don't want to charge your employee for).
  • SilasX 6y ago
    Ach, sorry, I misread your comment -- so, it doesn't change their tax situation, so there's no reason to falsely use this. Understood. Never mind.