Sentences with phrase «corporate taxation through»

In addition there is comprehensive information and tables relating to a whole range of tax issues from standard individual and corporate taxation through to pensions, savings and even home buying.

Not exact matches

Furthermore these pass - through vehicles avoid the devil of «double taxation,» which sours the traditional corporate or «C corp» structure.

Other more sweeping reform options would address double taxation by allowing shareholders credits against personal taxes for tax levied at the corporate level (an «imputation system») or by passing corporate profits through to shareholders, similar to the tax treatment of partnerships and S - corporations («corporate tax integration»).

Because dividends are not tax free (as they are in pass through entities once tax on entity level earning has been paid by the owners - which would look politically ugly in a publicly held company context letting people receive millions in dividends and pay not taxes on it), and there is no deduction for dividends paid to the corporation (in most contexts), and there is no tax credit for taxes paid at the corporate level against income tax liability on dividends, the end result is that there is double taxation of corporate profits both when the profits are earned by the corporation and again when they are distributed to shareholders.

S - Corp is useful mainly for those who want the limited liability and can not work under LLC (lawyers, doctors, accountants, etc), or those who want corporate structure and pass - through taxation (avoiding double taxation).

In the United States, Limited Liability Companies (LLCs) may choose either pass - through taxation or corporate taxation.

Our corporate clients, while enjoying the benefits of streamlined processes and ease of use, simultaneously go through the tax reporting process, and taxation authorities can monitor the route of every electronic invoice in real time.

Also, pass - through tax treatment (which had already applied to sole proprietorships and partnerships) meant that owners had to pay tax on the income as it was earned, unlike the shareholders of C corporations who, in the words of Tax Foundation economist Kyle Pomerleau, «can defer the taxation on their share of corporate income as long as the corporation retains its earnings or if the shareholder does not realize a capital gain on his stock.»