08-09-2005, 04:59 AM
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 Re: Closely Held Corp / Sole Proprietorship / Individual "Tax Inquirer" <no[at]2spam.com> wrote: - quote - > Do you know if one person owns 100% of a corp and owns a
Why would you think they wouldn't?> sole proprietorship treats transactions between his > corporation and his sole proprietorship as if they are > between his corporation and himself (i.e. individual). That > is, do the closely held-individual tax rules apply to the > closely-held-sole proprietorship transactions. -- David M. Woods, EA, ChFC, CLU Woods Financial Services Norwood, MA 02062 www.woods-financial.com << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2005) - All rights reserved. > << ================================================== ===== > |
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#-1
08-07-2005, 04:16 AM
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| Closely Held Corp / Sole Proprietorship / Individual Do you know if one person owns 100% of a corp and owns a sole proprietorship treats transactions between his corporation and his sole proprietorship as if they are between his corporation and himself (i.e. individual). That is, do the closely held-individual tax rules apply to the closely-held-sole proprietorship transactions. Thank you. << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2005) - All rights reserved. > << ================================================== ===== > |
| Tags |
| closely, corp, held, individual, proprietorship, sole |
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