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If you want to avoid double taxation, you are certainly free to choose a pass-through form of entity. If you choose to create/invest in a corporation, you acce
by rprasad 14y ago
If you want to avoid double taxation, you are certainly free to choose a pass-through form of entity.
If you choose to create/invest in a corporation, you accept double-taxation as the cost of the benefits afforded by the corporate form.
- downandout 14y agoYou guys are all thinking in terms of forming a business and having income from it. Our tax system doesn't encourage that. Our system heavily incentivizes people to seek capital gains through (for example) stock market and real estate speculation.