Re:Amazon in Its Prime: Doubles Profits, Pays $0 in Federal ...
by dragonwriter on Wednesday February 13, 2019 @04:59PM
(#19157513)
> Sure, but how is that different than other investments such as stocks or bonds?
Since stocks are how one owns a corporation, it's literally exactly the same as stocks, which are not an “other investment”.
Of course, there is a manifest difference between controlling enough stock that one determines, among other things, if, when, and how much a corporation distributes back to shareholders and, well, not controlling that much. But the same issue, in principal, exists with shareholders collectively as with a single shareholder individually, though coordinated action becomes harder with larger numbers.
Claiming personal expenses as business expenses is slippery, we are in illegal territory here.