Offshore Business - Pay Low Tax: Difference between revisions

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Latest revision as of 19:08, 3 September 2026


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The commonest form of legal entity is this business. There are two basic forms, C Corp and xnxx S Corp. A C Corp pays tax as per its profit for 4 seasons and then any dividends paid to shareholders likewise taxed. Hence the term double-taxation. An S Corp however works differently. The S Corp pays no tax on profits. The profit flows through to the shareholders who then pay tax on that money. The big difference discover that the 15.3% self-employment tax does not apply.

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