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If you can sign along the company account, even when you are a minority shareholder, as there is more than $10,000 to their rear and income report it to the U.S., it's also a felony and is prima facie bokep. And money laundering. A personal exemption reduces your taxable income so you find yourself paying lower taxes. You may well be even luckier if the exemption brings you using a lower income tax bracket. For the year 2010 it is $3650 per person, just like last year's amount.
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