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Strategies & Market Trends : Galapagos Islands
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To: Shoot1st who wrote (5329)10/7/2002 6:17:22 PM
From: Neenny  Read Replies (1) of 57110
 
Absolutely. Our company is US. That is why I put the word "lucky" in quotes. Basically it means we are not taxed twice on that money, once as a company and once as individual's. Though we do have an unreimbursed medical expense program that takes the money out before taxes, so we are not taxed on the income that goes to paying for medical expenses.
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