News Focus
News Focus
Followers 365
Posts 10142
Boards Moderated 1
Alias Born 01/06/2005

Re: Kapone post# 58173

Monday, 08/28/2006 7:41:01 PM

Monday, August 28, 2006 7:41:01 PM

Post# of 311080
See my prior post. I answered that question. A corporation is a legal fiction, an entity authorized by the sovereign, the state, etc. They have rules that you have to follow. But those rules deal with structure, not business plan or assets.

If the company does business in the state or is principally domiciled there, then there are tax issues and the revenue or tax department gets involved.

It's the same if you do a deal. You set up a corporation. You don't disclose your assets or where you got them. Then you file your tax returns but NOT with the Secretary of State.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y