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How would that work? If I wanted to buy a house, and I have my corporation do that, then I live there rent free, I still have to pay taxes on the benefit given
by gaadd33 13y ago
How would that work? If I wanted to buy a house, and I have my corporation do that, then I live there rent free, I still have to pay taxes on the benefit given to me.
You could postpone the taxation until you actually want to use the money to benefit yourself then you are taxed. I believe you can already do it with corporations that are headquartered in low tax jurisdictions.