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:

Humerus

The extended arm bone stretching from the shoulder down to the elbow.

Ulna

A long bone in the forearm, located on the side opposite the thumb.

Carpal Bones

The eight small bones that make up the wrist, connecting the hand to the forearm.

Wrist

The joint connecting the forearm to the hand, consisting of eight small bones.