@TheGooner 171213 wrote:
Thanks for the post CBG.
I know that you’re someone who is much more active than I am in the buying and selling of sites (and links?) and so I was hoping that you’d post here as I believe that you’ve done more in this area than most people.
:hattip:And yes I agree – even if you are saving tax – the portion that is not tax is your money that you are spending.
Eg. Down here the corporate tax rate is 30%.
If I buy content or sites or links for $10,000 then effectively 30% of that spend is claimable – so I’ll eventually get $3,000 reduced from my taxes …. BUT I still spend $7,000.
If the purchase was useless – then that’s still $7,000 wasted.
:Cry:
In the US, the right purchase at the right time can throw you into a lower tax bracket and that does make it worthwhile. It can make a huge difference.