One of the Tax Advantages Toan Individual Using a Corporation

question 1

True/False

One of the tax advantages toan individual using a corporation through which to earn income in Germany is deferral of U.S. taxation on active business income earned by the corporation until such income is remitted back to the United States.

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Definitions:

Conceptual Thinker

An individual who excels in the ability to understand complex ideas, identify patterns, and solve problems through a high-level overview and innovative thinking.

Personalized Power Motive

The drive to influence and control others for one’s own personal gain or satisfaction.

Dairy Procurement

The process of sourcing and acquiring milk or milk products from farmers or suppliers for commercial use.

Pessimistic Outlook

A tendency to see the worst aspect of things or believe that the worst will happen; a lack of hope or confidence in the future.