wpl presentation implications and euroz report, page-23

re: hooter to hardmano..hooter hello lads
i came back to check how your baby is going
as for the tax etc
companies cannot distribute losses, are taxed at a flat 30% and do not get 50% disocunt on cap gains, they can use the imputation credits. it is questionable as to whether you woudl carry on a trading business through a company structure????
i prefer a family trust with a company beneficiary such that i can distribute gains/income as i see fit and if i or my wifey earn too much we can flick the gains straight to the company which is then taxed at the flat 30%
yu can also distribute $600 odd to children tax free per year which pays for a few xmas presents etc
as for reducing tax the poster who talked about super is right on the do re me, plus the negative gearing etc you can also invest in a tax effective agriculture scheme
personally i dont mind paying tax as it reminds me i actually make monies
hope your HDR pays off $$$$$$