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Thread: I could reduce the amount of taxes ?

  1. #1
    etaxmentor
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    Question I could reduce the amount of taxes ?

    My after-tax income from my small business is greatly reduced by the incomes taxes I pay each year. A friend of mine told me I could reduce the amount of taxes I owe by shifting my income elsewhere. Is that true?

  2. #2
    Brayn
    Guest

    Default

    I think in some countries you can get the benefits of tax reduction when yo invest your money in real estate or agriculture sectors.So have any offer of that type you can invest you money their and reduce your tax.But if you hide your income by shifting it than you got fined for that.

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