Holdings
Personal Holding Company for Tax Planning
In this post, we will review how entrepreneurs and business owners can use foreign companies for tax optimization.
Holdings
Holding companies are called parent companies, which, besides holding stock in other companies, can conduct trade and other business activities themselves. Holding companies reduce the risk for the shareholders and can permit the ownership and control of a number of different companies. Holding companies are also created to hold assets such as intellectual property or trade secrets, that are protected from the operating company. That creates a smaller risk when it comes to litigation.