4 ms·
Can’t you avoid the income tax by incorporating and rolling profit into the next project expenses in the same year? I don’t see any reason to distort the marke
by rileymat2 5y ago
Can’t you avoid the income tax by incorporating and rolling profit into the next project expenses in the same year? I don’t see any reason to distort the market by removing income tax on income.
- datavirtue 5y agoPerhaps, that sounds like more expense and red tape. Another barrier/wall that demonstrates my point exactly. Just to build homes? The people with these skills can't use them because of all the administrative, tax, and obscure compliance munitia hamstringing the process. The market is already distorted to hell.