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Page How to Use Asset
Protection
Under this scenario, you can make payments
for goods or services that your Nevada or offshore corporations
provide to your in state business. This transfers profits from
your state where they are taxed to a non tax entity. Federal
taxes would still be payable put potentially at a much lower. Under this scenario your domestic corporation
is basically in a shell The Nevada or offshore corporation owns
or puts liens on all major assets. This way if the domestic
corporation has to file bankruptcy, a new entity can start up
immediately and sign leases or take over the payments for the
equipment, receivable premises. NEXT
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Business Incorporators, Inc.
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