PHI Group Inc (PHIL): Actually no. You are NOT automatically a...

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Re: gettingideas post# 87273

Friday, 10/01/2021 12:00:23 PM

Friday, October 01, 2021 12:00:23 PM

Actually no. You are NOT automatically assigned an EIN. I own my own business and know the process well. You have to apply for one with the IRS, before or after, filing incorporation papers with whichever state you choose to do business in. So this was a conscious move to apply for and be granted an EIN with the IRS.

With that said, knowing you just so confidently put that out there, it makes me wonder what other statements you have made that are also incorrect.

Anyway, you only apply for an EIN if you are wanting to be recognized as a taxed-entity in the US. No one wants to be taxed, so I say...steam on!

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Recent PHIL News

Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/20/2024 09:15:31 PM
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Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 11/13/2023 09:33:15 PM
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