[asterisk-users] World Cheapest Predictive Dialer!
Steve Totaro
stotaro at totarotechnologies.com
Tue Jun 17 11:21:04 CDT 2008
You are probably confusing corporate tactics to pay less taxes vs
corporate tactics to protect assets. The first does provide some
asset protection but is mainly to pay less taxes. The second is to
basically "hide" assets through totally legal LLCs.
Thanks,
Steve Totaro
On Tue, Jun 17, 2008 at 12:00 PM, C F <shmaltz at gmail.com> wrote:
> LLCs?
>
> On 6/16/08, Jay R. Ashworth <jra at baylink.com> wrote:
>> On Sat, Jun 14, 2008 at 11:13:31PM -0400, C F wrote:
>> > > Happens in the commercial world all the time; it's a common way to "get
>> > > cash out of the corporation" -- a business's building is owned by the
>> > > corporation's owners, and rented to the corporation.
>> >
>> > This is actually illegal in some states and considered a breach of
>> > Fiduciary everywhere.
>>
>> May be, but I know at least 3 owners of private corporations who are
>> doing it, and their auditors seem fine with it. I think that it
>> matters whether the corporation is public or not...
>>
>> Cheers,
>> -- jra
>> --
>> Jay R. Ashworth Baylink jra at baylink.com
>> Designer The Things I Think RFC 2100
>> Ashworth & Associates http://baylink.pitas.com '87 e24
>> St Petersburg FL USA http://photo.imageinc.us +1 727 647 1274
>>
>> Those who cast the vote decide nothing.
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>> -- (Joseph Stalin)
>>
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