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Re: FSF taking money from outsourcers


From: Stefaan A Eeckels
Subject: Re: FSF taking money from outsourcers
Date: Thu, 29 Apr 2004 22:46:59 +0200

On 29 Apr 2004 17:52:40 GMT
Christopher Browne <address@hidden> wrote:

> Supposing I own a "holding company," which has income of $500K/year
> coming in, and I can personally afford to live on $100K/year, then I
> could avoid taxes on the $400K/year just about indefinitely by not
> bothering to pay it out.

But the value of the shares would go up commensurately,
and this would also be taxed, requiring a payout so that
the shareholders have the funds to pay their taxes. Plus
you could have a fortune tax, like we have here in
Luxembourg.

-- 
Stefaan
-- 
"What is stated clearly conceives easily."  -- Inspired sales droid


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