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Tax-efficient investing is any type of investment in which you try to spread or reduce your tax burden.
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You get to choose some of these investments for which you can even defer tax payments.
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Following are the various tax-efficient ways of extracting profits from the business –
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1. Retirement plans are a type of with-profit contribution.
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2. Both profit and tax efficiency are achieved through dividend payment.
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3. Investment in the right way through salary and bonus.
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4. Extracting profit through private investment in various ways.
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