Question
Double taxation is commonly considered to cause undesirable tax consequences. As a result, you might advise which of the following strategies to reduce its impact?
Double taxation is commonly considered to cause undesirable tax consequences. As a result, you might advise which of the following strategies to reduce its impact?
a. Declare a dividend
b. Pay out earnings in the form of salary
c. Form a corporation under Section 351
d. Form an LLC and elect on Form 8832 to be taxed as an association
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Forensic Accounting And Fraud Investigation For Non-Experts
Authors: Stephen Pedneault, Frank Rudewicz, Howard Silverstone, Michael Sheetz
3rd Edition
0470879599, 9780470879597
