- Apr 11, 2016
- Reaction score
My client, 1120 C-Corp, registered in Delaware, but all tream live in Ukraine (including CEO, who is 100% shareholder). Company pays $5000 per month to its CEO/owner as contractor and concidering to pay him every month difference between revenue and expenses, how can they do so? Can they pay CEO this second payment as contractor as well or should they pay it as dividends? If pay as contractor, than net profit will be equal to 0 each month, is this OK from tax perpective?