InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,864.67
(
0.40%
)
US TECH 100
19,783.20
(
0.68%
)
Dow Jones
43,275.91
(
0.09%
)
Brent Oil
72.66
(
-0.36%
)
Bitcoin
69,179.82
(
0.26%
)
Post# of 141781
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

kenco

Send PM Follow Ignore
Followers 42
Posts 4265
Boards Moderated 0
Alias Born 09/05/2003

kenco

Re: StockBang post# 34266

Tuesday, 01/31/2012 10:55:57 PM

Tuesday, January 31, 2012 10:55:57 PM

Post# of 141781
Mattbang, its the California frachise tax they have to pay, that Foriegn Corp Registration there means that they MUST pay it there to maintain a qualified status, if they dont pay it, their status turns to forfeit and the tax as well as the penalties and interest keep rolling, thats why you close out your registration if you dont need it any more, so you dont accrue a needless tax liability.

Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up