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To: Steamburg

Ranting about a tax will never save a penny, planning on how to avoid a tax will.

One business that I am familiar with was actually a group of corporations. One owned the the buildings, another the equipment, another the land, and so on. All were incorporated in Delaware and all had the same directors, members of one family.

In effect the business leased eveything from its self. There are ways to keep a business out of the tax man’s hands.


35 posted on 11/24/2012 8:05:02 AM PST by count-your-change (You don't have to be brilliant, not being stupid is enough.)
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To: count-your-change

I like the creative thinking on this thread - but I don’t give a rat’s a$$ about the death tax - this is what the dufus farmers in Iowa voted - I hope choke on it.


37 posted on 11/24/2012 8:12:07 AM PST by wewereright
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To: count-your-change
There are ways to keep a business out of the tax man’s hands.

For now. Tyranny never sleeps.

48 posted on 11/24/2012 8:49:29 AM PST by unixfox (Abolish Slavery, Repeal The 16th Amendment!)
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