Hi Guys
Now here is a question that could have an interesting answer.
I have an LAQC that allows me to reduce the amount of tax I pay
So I have applied for and put in place the IR23bs thingame with the wonderful people at the IRD. Cool.
My employer very nicely puts the tax difference into the LAQC accounts. Again Cool.
Now the question.... Is this, or can this be, considered a loan to the LAQC by me or do the IRD (did I tell you they are wonderful people ) consider this a capital injection? Can I then have the company repay the loan when it suits???
YOur thoughts please.....
Now here is a question that could have an interesting answer.
I have an LAQC that allows me to reduce the amount of tax I pay
So I have applied for and put in place the IR23bs thingame with the wonderful people at the IRD. Cool.
My employer very nicely puts the tax difference into the LAQC accounts. Again Cool.
Now the question.... Is this, or can this be, considered a loan to the LAQC by me or do the IRD (did I tell you they are wonderful people ) consider this a capital injection? Can I then have the company repay the loan when it suits???
YOur thoughts please.....
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