LAQC Adv
Loss Atributing Qualifiying Companies are - apart from their treatment of tax losses/liabilities in all other respects a Ltd company. This means its really easy to keep your business activities separate from your personal activiities. My LAQC has a LOC and a cheque books so this...
Agree re the ownership structure not getting much attention in most books. However I wonder why you recommend a trust to hold IP's rather than LAQC. Maybe its different in Oz - but in NZ a trust cant pass losses back to the beneficiaries while a LAQC can pass back losses to the shareholders...
