Comment by samus
5 days ago
> Could you elaborate? How is this illegal if you declare taxes?
Dividends are treated differently from the salary by tax laws.
5 days ago
> Could you elaborate? How is this illegal if you declare taxes?
Dividends are treated differently from the salary by tax laws.
Sure but that doesn't make them illegal?
Not illegal, but the incorrect amount of taxes will be paid. Also, the financial statements will not be entirely correct. So, not illegal in the sense of "not allowed", but in the sense of "legal requirements and obligations not fulfilled".