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Imagine filing a tax report where all your housing, food, car and clothing expenses are listed as operating expenses and are thus not taxed. In addition to that
by akomtu 5y ago
Imagine filing a tax report where all your housing, food, car and clothing expenses are listed as operating expenses and are thus not taxed. In addition to that, most of your income went to an Irish subsidiary and your total taxable income this year is $150, taxes at 20% because "I identify as a C-corp".
- ModernMech 5y agoI'm literally in the process of registering an LLC for myself to do consulting work, because our laws have been set up in such a way that it's more beneficial to treat myself as a corporation rather than a human being.