I-Off-Offs vs. Ukuthengiswa kweeNkxaso-mali

Ukukhangela kwiindlela ezimbini zezoshishino ezinokuzihlukanisa ngokwazo

Umfundi kungekudala wandibhalele ukuba ndibuze malunga nokwahlula phakathi kwentela engenakuhlawulwa kweerhafu kunye nokuthengiswa kwecandelo okanye inkxaso. "Uphi umehluko kwaye kungcono kum njengomgcini-mvume?", Babefuna ukwazi. Impendulo ibalulekile kwipotfoliyo yakho yokutshala imali kwaye inokukunceda ukuba uhlole nokuba unxulumene nolawulo olufanelekileyo lomnini-mali .

Yintoni i-Tax Free-Off and Off Why?

Masithi unamalungu angama-5,000 esitokisini kwi-Acme Power & Light Company.

Ngesizathu esithile, le nkonzo inokwakhelo oluncinci lwezitolo zobungcweti (olu hlobo luyenzekayo - inkampani yomshuwalense i-AIG inokhenketho lwe-ski!). I-CEO yamandla kunye nokukhanya ixoxa kwiBhodi yabaLawuli kwaye ithi, "Akukho nto enokuyenza ngayo shishini lethu. Asikwazi ukugxila ekuveleni umbane ukuba kufuneka sijonge amanqanaba omqulu kwivenkile yezinto zegolide. ukumisa i-tax-free off-off to our stockersers kodwa ndidiniwe ukusebenzisana nenkxaso-mali.

Ukuba inkampani yombuso igqibile ukuthengisa i-subsidiary, ingahamba kumntu ofana noWarren Buffett, oya kuthenga ngokuthe gaba imali. Ingxaki kukuba, i-IRS iya kuhlawulisa inkampani yenkxaso-ntlawulo yerhafu yexabiso eliyinkunzi ekuthengiseni ishishini ukuba lixabisekile ngexabiso. Ukuba isibonelelo siyinxalenye yenkampani ixesha elide, ngokuqinisekileyo likhulile lixabiso ngelixesha lokubamba.

Ngona zininzi iinkampani kwi-bracket yentela ye-35%, ithetha ukuba ulawulo luya kufumana kuphela malunga ne-65% yento encedayo eyona nto ifanelekileyo emva kokuhlawula irhafu.

Ukuba iinkampani zesebenzayo zenze isigqibo sokukhupha i-tax free of spin off to holders, kungenokuba zifake i-store yezinto zokugqoka njengezo, i-stand-alone business, zinike i-CEO entsha, iBhodi yabaLawuli, iiofisi zenkampani, njl njl.

Yayiza kuprinta izitifiketi zesitokethi kwaye, kwiimeko ezininzi, zisasaza kubanini-zimpahla be-Power & Light kwi-pro-rata. Ukuba unemali ye-5% yenkampani yesibonelelo, uza kufumana i-5% yesitokethi esipheleleyo kwisitolo esitsha sezinto zokugcoba.

Kwezinye iimeko, inkampani iya kuba ne-IPO kwinkxaso-mali yokuqala, ithengise ipesenteji ebantwini -thi, i-10% okanye i-20% yezabelo-ize ikhuphe isitishi esisele kubanini-zimpahla bayo. Xa uFilip Morris ahlamba iKraft Foods iminyaka embalwa edlulileyo, le yindlela eyakhetha ukuyithatha.

Ukuba ufuna ukufunda ngokubanzi malunga nokusebenza kogcino-ntanethi, ungafunda malunga nabo apha .

Ziziphi iinzuzo ze-Off-Off Off Off Ukuthelekiswa nokuThengiswa kwangaphandle kweNkxaso-mali?

Kutheni ufanele, njengomgcini-mvume, ukhetha ukukhishwa kwentela? Nazi izizathu ezintathu:

1. Ngokuqhelekileyo akukho miphumo yerhafu ngenxa yokuba awufumani nantoni na entsha - uhlala uphethe u-5% we-chain ye-jewelry store, ngoku iphela yinkampani ehlukileyo.
2. Ikhonkco logcino lwezinto zokugcoba liya kukwazi ukugxila kwizinto ezilungileyo. Ngaphambi, mhlawumbi ayikwazanga ukukholisa i-CEO yenkampani yokuxhamla ukuyiboleka imali nokwandisa ngaphesheya kwe-United States. Ngoku, kufuneka kuphela kugxininise kwizinto ezinokubaluleka kweso sakhiwo salo . Iyakwazi ukuthengisa impahla , ukukhupha izibophelelo , ukuboleka imali ebhankini, njl.

1. Ikhampani yobuncedo ayinakho ukuphazamiseka kwaye ayinakukhathazeka ngebhizinisi elingenalo kwiinjongo zayo ezicwangcisiweyo zexesha elide, oku kuthetha ukuba kunokuphucula nokusebenza kwayo.

Uninzi lwangexesha, ukungabikho kwentela-spin-offs ngokwenene kuyimeko yokuphumelela wonke umntu ochaphazelekayo. Kuye kubekho amanani amaninzi eembali zenkxaso-mali ezincinci eziye zahlulwa kwaye ziyaqhubeka zikhula ngokukhawuleza, ziba nenkampani yomzali wangaphambili, iyanceda abanikazi abanini-zimali.