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Exactly, and salaries are generally deductible as a business expense from the company's income. So you're not getting double-taxed there.
by swampthing 12y ago
Exactly, and salaries are generally deductible as a business expense from the company's income. So you're not getting double-taxed there.
- foreign-inc 12y agoI am certain that you pay taxes on revenue, not on profit.
- gamblor956 12y agoBusinesses pay tax on profit, not revenue.
- deleted 12y ago[deleted]
- swampthing 12y agoThe company pays taxes on its income, but the salaries are generally deductible from the income that the company is taxed on (as are a whole bunch of other expenses).
- deleted 12y ago[deleted]