Replies to post #8860 on Interups Inc (ITUP)

[RealDutch]

I think most of the tokens that were issued yesterday were issued to employees. Because of the round numbers. Some will get more tokens than others.

As for the valuation, Laxmi is working on it. But it should be close to $10 per token. For most vertical companies.

Also don't forget, 3 of the vertical companies are paying the first cash dividend. That money is coming from Interups though. So Interups is basically investing in, and acquiring tokens of, the vertical companies. But that price is determined slightly different. For your understanding. So we are not talking about $0.01 anymore. That is in the past now.

[RealDutch]

I also discussed taxes with Laxmi recently. Would probably be good to share with you.

First, the income tax. Which applies to employees. I'm using $0.01 for the shares that were issued to me last year.

Some people were gifted shares, for free. In which case the gift tax might apply. But that is not relevant here. I have already informed those people.

Now for the wealth tax (if applicable in your country). If the tax date is december 31. For 2023 you should probably use $0.01 per token. Laxmi has given me the issue dates of the vertical shares.
1) Rice and Gold = 15 sept 2023
2) Food Carts = december 2023
3) Plane Seats and Whiskey = 16 Jan 2024

None of this info should be relied upon. I'm just sharing to help you get going with taxes.