A look-through company (LTC) is a special type of company. It's a separate legal entity but for income tax purposes it's treated like a partnership.
Are you a business owner or property investor? Setting up a Look Through Company (LTC) allows you to transfer business profits and losses to your personal income, so you could pay less tax.
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- What is a look-through company(LTC)?
This article is just a short general answer, as businesses vary from each other, if you want to know more about how your business can do it, to decide whether the LTC option will suit you, and give you the tax advantages you seek, just contact us.
If you have any questions related to Accounting and Tax, book a meeting with Brad, and let our experts keep your business healthy.
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