No, because they are taxed at basically the maximum marginal rate. There are che... | Hacker News

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		rjtavares on Aug 3, 2020 \| parent \| context \| favorite \| on: US travel firm $4.5M ransom negotiation open chat No, because they are taxed at basically the maximum marginal rate. There are cheaper ways to avoid taxation. It's seldom used and only when there's no alternative (e.g. a lost invoice that you don't want to charge your employee for).

SilasX on Aug 3, 2020 [–]

Ach, sorry, I misread your comment -- so, it doesn't change their tax situation, so there's no reason to falsely use this. Understood. Never mind.

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