For an individual in the maximum tax bracket, channeling income through a corporation can result in tax deferral. Depending on corporate tax rates, this may or may not be beneficial to the individual. Explain this statement.

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The Answer of For an individual in the maximum tax bracket, channeling income through a corporation can result in tax deferral. Depending on corporate tax rates, this may or may not be beneficial to the individual. Explain this statement.

For an Individual in the Maximum Tax Bracket, Channeling Income