Most startups aren't paying significant taxes in the first year, anyways, since ... | Hacker News

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srlake on March 9, 2014 | parent | context | favorite | on: Start-up NY

Most startups aren't paying significant taxes in the first year, anyways, since there will be no profits.

shakeel_mohamed on March 9, 2014 [–]

Correct, and a startup with low profits might benefit in tax exemption early on for long-term success (and potentially avoiding fundraising early on).

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