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Old 11-19-2007, 02:19 PM
MukatA MukatA is offline
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Join Date: Nov 2007
Posts: 3
If you put $3,000 from your personal account to your business account, there is no tax liability for you or your business.
It is just that your capital in the business increases by $3,000. If you take the money back, your capital in the business decreases by the amount you took out.
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