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To: Labyrinthos
BTW, when the state requires me as a business owner to collect taxes on its behalf, isn't the state depriving me of a property interest -- my time and labor -- without just compensation?

Maybe. But there may be a way for you to recover some of that cost. If Labyrinthos Retail is a company that sells products on the retail level and collects sales taxes on the products it sells, you might want to consider creating a subsidiary called Labyrinthos Accounting, Inc. whose sole purpose is to collect and pay these sales taxes. Labyrinthos Retail then pays Labyrinthos Accounting for the time and effort, and deducts the cost of these accounting services on its state and Federal income taxes.

The key, of course, is to make sure that Labyrinthos Accounting, Inc. shows zero profit -- by padding the financial statements with enough bogus -- I mean, legitimate business-related expenses to offset the "accounting fees" it will collect from Labyrinthos Retail every year.

10 posted on 12/29/2003 11:22:01 AM PST by Alberta's Child (Alberta -- the TRUE North strong and free.)
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To: Alberta's Child
Great idea, and that would probably also work for withholding taxes as well. I also seem to recall that there is a very small allowance that the State and/or Fed give to businesses on the tax form to compensate for the cost of acting as a tax collector.
12 posted on 12/29/2003 11:26:21 AM PST by Labyrinthos
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