tattletell, LOL. Here, I've posted loanranger's post so you don't actually have to click on the link. Here's the important part: Read the ENTIRE chat:
Posted by: loanranger Date: Thursday, December 24, 2009 1:38:11 PM In reply to: OldTymer who wrote msg# 271718 Post # of 271740
Ot, tt, pj. Bottom line: I was wrong. SPNG's 2008 Franchise Taxes have been paid according to the state of Delaware....and they weren't $165,000.
Before you call me names and stuff, please go to https://delecorp.delaware.gov/eCorp/LoginAnnualReportsCLF and enter file#3601970 for the year 2008 and see what YOU think it says. The following exchange represents my attempt to better understand what happened here, but it's probably not worth reading. Unless you wanna commiserate.
Tina: Hello, Please hold as I review your question. (The first question, as OT noted, is never transcribed......it was basically "I have been told that Spongetech's 2008 Franchise Tax return was filed using the assumed par method, yet the filing on your website (link provided) shows the use of the authorized share method. Please explain." Tina: Please allow me to transfer you to the Franchise Tax Department to assist you. Tina: Is that ok? Bob: absolutely.thanx Tina: You are welcome. Tina: One moment please info: Please wait while I transfer the chat to the best suited site operator. Wait times depend on the number of people in the queue. info: You are now chatting with 'Mazie' with the Delaware Division of Corporations Franchise Tax Section. Mazie: Hello, Please hold as I review your question. Mazie: If you log back in to the annual franchise tax report filing for tax year 2008, the system will reset the tax back to the authorized shares method. You cannot view previously filed reports on the web site Bob: I'm looking at the filing right now..it shows as an authorized shares filing. And that's the source of my confusion. I was told that it was an assumed par filing but I'm not "seeing" that. Mazie: You won't see it. The numbers used for the assumed par value capital method are not public information. Bob: I see.......so what is the value of the filing that I'm looking at? Mazie: That is the amount of tax based on the number of shares authorized Bob: But, just so I'm clear, THAT ISN'T REAL INFORMATION? Mazie: That is the information based on the authorized shares before it was recalculated on the assumed par value capital method Bob: I see. Is there any indication on the website at all that would tell a reader that the information appearing there is not "real time" information. I'm afraid that I've been put in the awkward situation of providing it as such. Mazie: No, other than it tells you that the report has been filed and that the information completed would be consider an amended report Bob: Thanks Mazie.....hope you understand my confusion and that someone will see fit to clarify this someday. Mazie: You're welcome. Sorry, there is nothing to clarify. The system is only set to file and/or amend annual franchise tax reports not to view previously filed annual reports. Anyone who wishes to obtain a copy of a previously filed annual franchise tax report would have to submit a written request and pay the required amount for the copy. However, the report would only provide the following information: Mazie: • Telephone number Mazie: • Principal Place of Business Address including street, city, state and zip code Mazie: • Officer(s) title, name and address Mazie: • Director(s) name and address Mazie: • Total number of directors Mazie: • Signature of authorized officer, address, date and title Bob: " The system is only set to file and/or amend annual franchise tax reports not to view previously filed annual reports" Bob: Now if only that statement appeared somewhere. Mazie: Yes, the online filing is only available for the filing of and or for an annual franchise tax report to be amended. Mazie: Please note that your Annual Report has already been filed for the Tax Year 2008. Mazie: All information provided on the most current annual report on file will be replaced by filing this amended report. Mazie: You must enter all data again when filing this amended report; in its corrected form. Mazie: The above is the message that is provided when someone goes in under the file number after a report has been filed Bob: Fine. BUT; Bob: : All information provided on the most current annual report on file will be replaced by filing this amended report. Mazie: Yes, therefore, the report is amended. Bob: It currently indicates a Franchise Tax of $165,000, which would suggest that that is what it has been amended TO. Mazie: No, the tax is reset to the authorized shares method so that the corporation can amend the number of shares issued and/or total gross assets if they were entered incorrectly the first time. Bob: Thanks....good day. Mazie: You're welcome. Mazie: Is there anything else I can assist you with today? Bob: Nope, I'm cooked. Merry Christmas! Mazie: Okay. Merry Christmas. Mazie: Thank you for contacting us online.
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