Berkeley CSUA MOTD:Entry 27027
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2025/07/09 [General] UID:1000 Activity:popular
7/9     

2003/1/8 [Reference/Tax] UID:27027 Activity:nil
1/7     Cool loophole in proposed tax cut on dividends.  To pay a tax
        free bonus to your employees (or c-level execs...), just create
        a special purpose private company "BonusCompany" and seed it with
        the bonus money.  Issue stock to the bonus recipients in proportion
        to the desired bonus amounts, pay out the bonuses as a dividend,
        dissolve the company, and viola!  -mel
        \_ Viola?
           \_ Voila!
        \_ Only commie countries like America tax dividends and capital
           gains.