----- Original Message ----- From: "andie nachgeborenen" <andie_nachgeborenen at yahoo.com>
You might as well say that the government, beinga legal fiction, can't receive taxes. Corporations have to pay taxes, unless their accountants can find exemptions. Likewise trusts, also legal fictions, have to pay taxes too.
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[hot off the press]
Tax Administration: Comparison of the Reported Tax Liabilities of Foreign- and U.S.-Controlled Corporations, 1996-2000. GAO-04-358:
Comparisons of the tax liabilities of FCCs and USCCs from 1996 to 2000 varied depending on the measure.
. A majority of all corporations reported no tax liabilities during these years, with a higher percentage of FCCs doing so than USCCs. However, the results were reversed for large corporations.
. A higher percentage of USCCs than FCCs reported tax liabilities of than 5 percent of their total income, with similar results for large corporations.
. FCCs reported a lower amount of tax liability per $1,000 in gross receipts than USCCs. The relationship was similar for large corporations. http://www.gao.gov/new.items/d04358.pdf