Sunday, May 11, 2014

a new company tax computation

Nowadays we can keep record of nearly everything.

Of course we can keep record of shareholders and tax them, instead to tax the companies with a flat rate.

Then the profits would be taxed according total income of the individuals and paid by the companies proportionally.

Wouldn't this be a fair company tax?

we have 2 companies A & B with 2 shareholders x & y
x has 50% of company A and y has the other 50%
but x has 100% of company B

Nowadays we tax A & B with the same rate of say 30% but with the new computation this varies according total income of x & y, so x will pay more than y.

Open source = Open Mind

My best of Open source: Linux, Firefox, MySQL, Apache, Asterisk, SOX, KDE, Konqueror, WikiMedia, Joomla,

Life equation by Albert Einstein:
Albert_Einstein(MyLife) {
 If(MyLife==Success in life)
  return (A(Work,Play,keep your mouth shut));
  return (B(Work,Play,keep your mouth shut));
A(x,y,z) {
B(x,y,z) {