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Revision as of 05:51, 5 September 2026
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As a C Corp is actually an no tax on the loss, however there is also no flow-through to the shareholders the problem an S Corp. The loss will not help your own tax return at everyone. A loss from an S Corp will reduce taxable income, provided there is other taxable income to reduce. If not, then tend to be : no transfer pricing tax due. According on the contents of her assessment, she was required pay out for an extra R32000 (R=South African Rand or currency) on surface of what she normally paid during prior years - give of take 1 or 2 hundreds.
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