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Post# of 97051
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Joey_B

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Joey_B

Re: Inorout post# 83797

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

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

Post# of 97051
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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Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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