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Re: Inorout post# 83797

Wednesday, 07/23/2014 8:25:55 PM

Wednesday, July 23, 2014 8:25:55 PM

Post# of 97336
What your describing is a related party transaction. The transaction still must be an "arms length tranaction". Basically you cannot structure transactions between related parties as your describing. It violates US tax code for one. I am not sure but I would think shareholders would also have some recourse. Look up arms length transaction and related party transaction.
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