/biz/ - Business & Finance

keep it down the goyim are listening

$20 to set one up. do it yourself online or talk to an accountant

>>10770319
thanksss

>>10770173
yea I recently read some paragraphs about it. I wonder where do they draw the line between personal expenses and company expenses, let's say you want to deduct the cost of fuel, how do you prove it was work/business related trip and not just a sunday ride? do they even care? Do you need an accountant?

It probably works in a similar way in other countries but in my shithole the fucking monthly maintenance is a fixed amount - a total rip off only allowing the rich to use it to their advantage

>>10770740
Probably doesn't matter until you're writing off tens of thousands of dollars

>t. unsuccessful LLC owner

>>10770740
>personal expenses and company expenses
brazilian here.
it doesn't matter. the company is just another number. you set it up just to avoid taxes n shit.

>>10770740
Where the hell do you live in?
Here in Brazil the monthly maintenance cost 50 Reais (18 USD).

I just want to find a way to realize crypto profit without paying taxes, but i will probably cash out in Germany (i heard crypto profit is not taxable there) or some island like Gibraltar

>>10770858
Nice to find a countryman here.
What are you doing to evoid taxes?

>>10771069
Nothing, because I'm a government cuck and can't have a PJ.

every nigger and their mother knows about this
>incorporate yourself
>receive minimal salary from yourself
>receive remaining as a zero interest loan from yourself
its so anus even rice eater knows about it

If you're not a honest tax paying citizen you're not gonna make it

>>10770173
> Guy writes a book called Rich Dad Poor Dad
> Gets rich from book
> Unironically files for bankruptcy
> Title is perfect fit

My S corp saves me thousands in payroll tax.

>>10770861
>island
>Gibraltar

>>10772242
zero interest loans are a great tool for other things too. for example let's say you buy something like rel estate from a dude but transaction has has all sorts of taxes and fees on the property value. so what you can do is you buy it very very underpriced and at the same time make sign a paper about receiving a zero percent private loan for the remainder of the agreed price. so basically you two got the same legal obligations as if you had purchased the property in the regular way except taxes are magically gone.

>>10771069
Hey what do you mean with "avoiding taxes"? That's illegal.

Fucking retard, all of us in this board pay taxes like the good guys that we are.

>>10772587
>Hey what do you mean with "avoiding taxes"? That's illegal.
it's not illegal if it's within the rules of the law. just say optimizing your taxes if it bothers you.

>>10772587
>he's not joining the rich

>>10772587
Only if you are a KEK

>>10772619
THIS!
It's LEGAL tax evasion

>>10772587
>like the good guys that we are
I am the Devil

>>10772587
the poor and medium class get taxed
the rich dont

>>10773007
THIS!

>>10770173
>Rich Chink Poor Gook

kek