05-06-2004, 04:46 AM
AOA
For large business, incorporation could be worth. But for most of the business, incorporation seems tax inefficient.
Also, the dividends I believe are taxed further in the hands of the shareholders?
On this article it says public companies are taxed at 35%. And since public companies dont have to be listed, I guess most business should incorporate as public company. Or are there other issues with public incorporation?
Thanks
For large business, incorporation could be worth. But for most of the business, incorporation seems tax inefficient.
Also, the dividends I believe are taxed further in the hands of the shareholders?
On this article it says public companies are taxed at 35%. And since public companies dont have to be listed, I guess most business should incorporate as public company. Or are there other issues with public incorporation?
Thanks
