2 ms·
Sounds like a great reason to keep all of your income in a corporation in a state with favorable privacy laws and then have very little on paper.
by 15155 8mo ago
Sounds like a great reason to keep all of your income in a corporation in a state with favorable privacy laws and then have very little on paper.
- Frieren 8mo agoTax evasion always looks like a good idea until a non-corrupt goverment gets elected and the tax office goes after you.
- 15155 8mo agoThis isn't legally "tax evasion", it's well-established law: corporations have some degree of personhood, and as a corporate officer, I am allowed to disburse payments to those in my employ as I deem fit. Individual states have very little authority to look into foreign (other state) corporations. Good luck contending with stare decisis and all of the implied interstate commerce issues to try and prevent this.