Does a single person C Corp have to pay a salary and deduct taxes to that 1 person who serves all functions or - if not - is there another means of compensation dividend distributions?

Answer 1

I am not an attorney, however I did ask an attorney the same question. He told me that I do not have to pay myself a salary, BUT, the IRS may declare the company a personal holding company and subject it to the personal holding company tax. Hope this helps! If my info is incorrect, please by all means update this answer.