The founder of OnlyFans reportedly paid himself over $700M in dividends. But here’s the question: why dividends?
Normally, ultra-wealthy business owners avoid the double taxation that comes with C-corporations. Pass-through entities are usually the more efficient structure. So unless there was a strategic reason, paying out dividends may not have been the optimal move.
It’s a reminder that structure matters as much as success when it comes to taxes.
#TaxStrategy #Dividends #Wealthrive #TaxPlanning #GenerationalWealth
Normally, ultra-wealthy business owners avoid the double taxation that comes with C-corporations. Pass-through entities are usually the more efficient structure. So unless there was a strategic reason, paying out dividends may not have been the optimal move.
It’s a reminder that structure matters as much as success when it comes to taxes.
#TaxStrategy #Dividends #Wealthrive #TaxPlanning #GenerationalWealth
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