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Michael works as a computer technician earning $200,000 per year. He decides to set up a home-based business repairing computers. He decides to incorporate the

Michael works as a computer technician earning $200,000 per year. He decides to set up a home-based business repairing computers. He decides to incorporate the business (ie operate it through a company) rather than in his own name. Why would he do this? Would Part IVA apply?

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