Saturday November 21, 2009

smSmallBiz.com - SmartMoney's Small Business Site

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For Corporations, It's Time for a Payout
Business owners might want to take profits before tax hikes become reality.
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Centreski Posted: 1:21 AM On December 27, 2008
This treatment completely ignores the tax consequences for the corporation itself. If I understand properly, the dividends paid out by the Corp are NOT tax deductible to the corporation, leaving it was a greater profit taxed at the high corporate tax rate
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