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Varius
 Post subject: Tax question
PostPosted: Sun Dec 02, 2007 3:59 pm 
CR Virgin - Newbie!

Joined: Sun Apr 29, 2007 8:44 pm
Posts: 11
Hey all,

I have a registered S.A. company and am wondering, do I have to file taxes if it has0 earnings and 0 expenses ? One accountant told me no, another one said I must even if I fill it with all zeros. Basically all my S.A. has is my condo under it.

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Puravida29
 Post subject:
PostPosted: Mon Dec 03, 2007 11:34 am 
Not a Newbie I just don't post much!

Joined: Tue Oct 23, 2007 11:33 pm
Posts: 115
yo ... my atty told me u still have to file yearly for SAs, even if no reported income
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Mucho Gusto
 Post subject:
PostPosted: Mon Dec 03, 2007 11:52 am 
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Puravida29 wrote:
yo ... my atty told me u still have to file yearly for SAs, even if no reported income

I concur. My accountant told me the same. Regardless of amount of $ revenue, you still must file, even if revenue is $0.

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Mrmrmr
 Post subject:
PostPosted: Mon Dec 03, 2007 2:46 pm 
Ticas ask me for advice!
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Joined: Thu Jan 25, 2007 11:12 am
Posts: 387
Yup - you have to file - even if $0 - otherwise they think that you forgot to file.
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SurfTown
 Post subject:
PostPosted: Mon Dec 03, 2007 10:17 pm 
Ticas ask me for advice!

Joined: Sun Jul 23, 2006 5:00 pm
Posts: 397
Location: San Diego
Its the same as the US you have to file no matter what.
In general many of their laws are similar to the US, they were too lazy to to write something different, and if its not broken dont fix it right?. Excepting for prostitution etc
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Fuzebox
 Post subject:
PostPosted: Mon Dec 03, 2007 11:43 pm 
I can do CR without a wingman!

Joined: Tue Nov 06, 2007 11:52 am
Posts: 238
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Puravida29 wrote:
yo ... my atty told me u still have to file yearly for SAs, even if no reported income


I was told the same :)



lol lots of familiar faces in this thread... 8)

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