Companies are often used by taxpayers seeking to reduce their exposure to relatively high individual marginal tax rates. Would you recommend such practice to one of your financial planning clients who, in the current financial year, is likely to have a taxable income slightly above $90,000 and is also looking to acquire a personal residence and medium to long-term growth assets in the particular investment structure selected? Taxable income of the client in future years is also likely to remain slightly in excess of $90,000.

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The Answer of Companies are often used by taxpayers seeking to reduce their exposure to relatively high individual marginal tax rates. Would you recommend such practice to one of your financial planning clients who, in the current financial year, is likely to have a taxable income slightly above $90,000 and is also looking to acquire a personal residence and medium to long-term growth assets in the particular investment structure selected? Taxable income of the client in future years is also likely to remain slightly in excess of $90,000.

Companies Are Often Used by Taxpayers Seeking to Reduce Their