Daniel Baines
If you are a business owner, you probably made a loan to your company when you started out to get the business going. Alternatively, you may have made a loan to your company later if your business needed some assistance with cash flow. You may now be wondering how this loan is treated from a tax perspective.
You, or any one of your other shareholders, would at some point presumably want the company to repay the loan owing to you. When your company is in a position to repay the loan, it may do so without any tax implications for the company or the shareholder; it is merely the repayment of a loan owing to the shareholder.
These types of loans can have negative tax implications, unlike a loan you made to your company. However, there are only potential negative tax implications if the loan is made to a shareholder who holds at least 20% of the equity shares or voting rights in the company and the loan is made by virtue of a share held and not for business or commercial reasons.
대한민국 최근 뉴스, 대한민국 헤드 라인
Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.
How to take the tax sting out internal business loansDividends withholding tax of 20% payable on the interest charged
출처: BDliveSA - 🏆 12. / 63 더 많은 것을 읽으십시오 »