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reduce taxes through multi co's?
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09-25-2003, 06:54 PM
besterman
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Join Date: Jan 2003
Posts: 623
reduce taxes through multi co's?
Is this possible? You setup 10 companies that each earn just under 50k. In Nevada, that's 15%. So 500k x 15% = 75k tax vs. 1 company with 500k in earnings ~ 150k in taxes
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