August 12, 2019 6:50 AM
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Someone needs to run the numbers here to see what scenario works best, but just real quickly I have a couple of comments:
- Am I missing something, or do you think the C corp won't have to pay any tax on the revenue? Both federal and state.
- And since this is a C corp, you will have double tax as to get the $$ out you will need to pay out a wage or dividend, either one which will be taxed.
- Finally, you are basing a long term decision based on current tax law, which as we all know can quickly change
- This is complicated enough that you need to spend the $$ to consult with a tax professional that understand both U.S. and Irish tax law. In my mind, this is not an area to be penny wise and pound foolish.