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Re: Elmer Phud post# 108119

Friday, 02/24/2012 10:10:52 PM

Friday, February 24, 2012 10:10:52 PM

Post# of 152242
Point understood. Since shareholders own the company, the company has already paid taxes on bahalf of the shareholders. It's the same as in your family example.

But I still maintain that new taxes are due whenever the money is exchanged outside of the company and/or family unit.
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