2 ms·
So in politics companies are people but in taxes they are not? Or why do I have to pay taxes instead of nothing because I invest in my company aka me?
by croes 2y ago
So in politics companies are people but in taxes they are not?
Or why do I have to pay taxes instead of nothing because I invest in my company aka me?
- jpc0 2y agoTo be fair you are welcome to incorporate and follow all the rules regarding what is actually business expenses vs private and most of your expenses can also be tax free. But I doubt your employer will be too happily to now pay your salary as an invoice to a subcontractor... You may find it's easier to just pay tax... Also look up effective tax rate vs actual tax rate... I know many people who despite having a significant portion of their salary being taxes, when you look at their Revenue and Expenses for a given 12 month period they in fact paid no tax. Your specific situation may be different, but you aren't a corporation.