Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How can a Nevadan company give loans to an enterprise ?

0
Posted

How can a Nevadan company give loans to an enterprise ?

0

If the Nevadan company has money it is possible. The legal interest can be charged as well. This transaction is often applied to increase the expenditure. For instance, the Nevadan company is financing with loan the purchase of the Hungarian / European company. And in this case the profit of the foreign company can be zero and the company shall not pay tax or the tax to be paid is minimal. The Nevadan company shall not pay tax for it does not operates but provided a loan from the money of the owners. The only profit it has is the profit originating from the interest and it is exempt from tax in Nevada.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123