How much can I persoanlly borrow from my 100% owned limited company and what are the tax implications for the company and me personally ? Thank you.
![]() |
How much can I persoanlly borrow from my 100% owned limited company and what are the tax implications for the company and me personally ? Thank you.
Loans between related parties is scrutinized VERY closely by the IRS to ensure that the related parties do not get any favorable advantages that would not be extended to a stranger getting such a loan.
What kind of business is your limited company?
All times are GMT -7. The time now is 01:10 AM. |