Tag Archives: section 954

Small Business Foreign Tax Planning for Related Party Transaction

tax planning, avoid taxes, small tax business,

President John Kennedy (Democrat) is the most respected president of last century. The President and Supreme Court Justice Hand agreed that patriotism does not mean paying more than your legal share.
Supreme Court Justice Holmes said tax planning means you get as close to that legal line as possible

We found this IRS “Industry Specialization Paper” on international and foreign related party transaction.

The IRS uses section 482 as its Big Hammer.   Once you know how the IRS thinks, then you will be able to design your business to legally avoid taxes on your offshore activity.

You will help America by paying less in taxes.  JFK said it best.. the less taxes you pay, the more you have to create a new job.

The best tax planning practice is to work actively with the IRS National Office.  This part of the IRS is pro-small business.  If you qualify, the IRS will provide you a “ruling” in which they approve your tax strategy.  You can learn more on this link.  The IRS Paper is below in blue print.
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