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Accountancy Forum The Profession Tax v
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Tax on private companies

 
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Tax on private companies
AIM
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Posts: 10
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Joined: Apr 2004
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#3
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

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Messages In This Thread
Tax on private companies - by AIM - 05-01-2004, 03:16 AM
[No subject] - by massood akhter - 05-06-2004, 01:04 AM
[No subject] - by AIM - 05-06-2004, 04:46 AM
[No subject] - by The Legend Killer - 05-06-2004, 05:41 AM
[No subject] - by jbladeus - 05-06-2004, 06:46 PM

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