Sunday, January 31, 2016
If FaceBook and Google aren't paying much in taxes, why should YOU? You deserve to keep more of your money, and we help you do it!
We at Smart Business Broker Inc. strongly believe that those who've worked hard for their money deserve to keep as much of it as legally possible, and the best way to do it is to structure financial and business transactions in a tax efficient manner.
For instance, most high income professionals and small business owners would be surprised to learn that Facebook paid just £86million to all tax authorities outside the United States despite earning profits of around £2.4 billion.
Starbucks paid just £8.6million of tax over 14 years between 1998 and 2012 when their sales exceeded £3billion, with an effective tax rate of below 1%.
Experts estimate that the UK accounted for £1.9billion of Apple's 2014 profits, but the firm only paid £11.8million in British corporation tax, and even less in the US, where it earned the majority of its profits. The effective tax rate was less than 1%!
Even Google has paid shockingly low taxes due to creative accounting structures that are perfectly legal even today.
Read more: http://www.dailymail.co.uk/news/article-3425189/Facebook-pays-just-4-cent-corporation-tax-world-figures-reveal-amid-storm-Google-s-sweetheart-deal.html#ixzz3yr3NbObS
Now that you know that it's perfectly legal to structure your business finances and transactions in ways that significantly reduce your taxes, do you still feel like paying 20-39% in federal taxes and more in state income taxes?
If not, please contact us for a free consultation today!
If you’re a high net worth individual who'd like to structure your businesses and transactions in a tax efficient manner, please contact the Business Advisory Team at Smart Business Broker Inc. at +1 407 535 0616. We use the services of an expert CPA and Attorneys in order to help clients structure their businesses and transactions in a legal manner that significantly reduces our clients' taxes.