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Re: bus service


Posted by jj on October 25, 2004 at 12:38:04:

In Reply to: Re: bus service posted by Lucky on October 25, 2004 at 12:30:36:

If you set up a company to run the bus service the highest tax rate you would pay is 30%. It would more likely be less. Dividends there after are not taxed at your marginal tax rate, it is more efficient for to take dividends than salaries (albeit dividends can only be paid if you are net income positive)

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