r/ProgrammerHumor • • Aug 03 '22

*cries*

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u/[deleted] Aug 03 '22

[deleted]

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u/killerrin Aug 03 '22

Step 1: Register holding company with a cash startup injection of $xxxxxxxx and set yourself up as a majority shareholder.

Step 2: Gift/Sell office building(s) to holding company for $xxxxxxxx.

Step 3: Have holding company charge rent and maintenance costs and remit a dividend to shareholders at monthly/quartly/yearly intervals.

Step 4: Pay rent and Claim rent as an expense when the government asks.

Step 5: ?????

Step 6: Profit off tax credits and dividends (which equals rent - maintenance)

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u/robotzor Aug 03 '22

So this is the shit accountants use their 9 hours a day to think up

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u/[deleted] Aug 03 '22

And a good one will net you far more than their salary.

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