I didn't know that both had to be paid.
I was under the impression that one offset the other.
But it was to avoid a ''gimmick'' when Merrill signed it into law.
It meant business formation was more often being based on avoiding the BPT.
Avoiding taxations takes time and resources.
It is like a STR not having all the regulations, restrictions, and costs imposed on a motel. The avoidance of building motels has resulted in residential property... specifically in high demand areas... to skyrocket in value; and thus the situation being discussed.
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