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Doesn’t that just further incentivize using corporations as tax avoidance vehicles?

• coredog64 6y ago
  The IRS already takes a very dim view of people trying this. There are still some avenues for avoidance at the margins (e.g. meals for the benefit of the employer), but in many cases the IRS has already closed the loopholes.
  • notahacker 6y ago
    The IRS gets to take a very dim view of people trying this because it audits corporations for tax purposes. If corporate tax is zero their ability to investigate companies sending money to each other to buy yachts is diminished