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Re: sylvester80 post# 62336

Tuesday, 01/07/2003 7:44:34 PM

Tuesday, January 07, 2003 7:44:34 PM

Post# of 704041
>>With the new dividend tax cut, an S-corp can pay almost all its profits in dividends and avoid tax altogether.<<

Give me a break. Now you are grasping for straws. IN a S-corp "all" profits are passed through to the shareholders. One may think of it has a dividend but technically it's not as if you keep those profits in the corp they have already been allocated and taxed and are part of your estate whether a dividend has been declared or not.

Joe


Joe

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