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:

Employee Selection

The process of interviewing and evaluating candidates for a specific job and selecting an individual for employment based on certain criteria.

Transaction Processing

The handling, execution, and confirmation of transactions, typically in a database or computerized system.

Cloud Computing

The practice of using a network of remote servers hosted on the Internet to store, manage, and process data.