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Investment Helping Millionaires Live Tax Free (Read 4458 times)

Pedro Curevo Gold Member Offline Australian Politics Posts: 500 Nth Coast NSW Gender:	Re: Investment Helping Millionaires Live Tax Free Reply #105 - Mar 4^th, 2019 at 5:58pm Private companies do not have shareholders, publicly listed on the stock exchange companies have share holders. One only has to see what countries have a flat tax rate to see its fairly negative towards the poor, unless its fairly high rate at between 35 -40% as with Greenland.
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lee

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Re: Investment Helping Millionaires Live Tax Free
Reply #106 - Mar 4^th, 2019 at 6:48pm

Pedro Curevo wrote on Mar 4^th, 2019 at 5:58pm:

Private companies do not have shareholders, publicly listed on the stock exchange companies have share holders.

Wrong.

""A private company, also known as a proprietary company, is limited in size by its constitution. It must have:

at least one shareholder;
a maximum of 50 non-employee shareholders;
at least one director; and
is not required to have a company secretary."

https://legalvision.com.au/difference-between-public-and-private-company/

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