Questions tagged [corporation]
a generic tag for company with shareholders. There are some specific tags for specific company types like limited-liability-company, s-corporation, limited-partnership, sole-proprietorship,
128 questions
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Salvage value and free cashflow
Suppose I want to consider a project of buying equipment with some salvage value after 5 years and compute the free cashflow (FCF), ultimately to get the NPV.
So year roughly speaking 0: investments, ...
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W-2 + LLC + C Corp: Tax Strategy Question
I have a W-2 income and own an LLC (pass-through taxation) and a C Corporation (not pass-through). If my LLC pays my C Corporation for services rendered, will that lower my overall taxes by reducing ...
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Why does changing the number of shares in a share split if there is only one class not require shareholder approval?
The book "Essay Exam Writing for the California Bar Exam" by Basick Schindler (2nd edition), discusses business associations. The book tells us that
"fundamental changes to the ...
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What is the benefit of WB shelving finished movies? [closed]
WB Discovery are in hot water due to their decision to shelve several already done movies and not releasing them, Batgirl and Coyote vs. Acme among them to get a tax write-off for them.
I don't ...
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Best way to pay myself from a C-Corp
I am a US citizen, and I own a C Corporation that is used to receive payments for contract work that I do.
I estimate that I will earn about $250k this year in it.
What is the best way to pay myself ...
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Taxes on a Delaware corporation, if there is no physical presence?
On Carta and elsewhere, I have read the following:
Delaware also doesn’t require any state taxes for companies that are registered there but aren’t physically located in the state.
What exactly is ...
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Joining Non-US Business as US Citizen, re-incorporate in the US? [closed]
The Situation
I, a US Citizen, have the opportunity to become a Co-Founder / Shareholder in a small non-US Company (currently incorporated in the EU).
What I have seen so far suggests that there are a ...
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CT61 form for HMRC (corporation tax UK)
I recently created a company in the UK for occasional work as a locum pharmacist. I get paid by pharmacies for hours worked. Following advice from HMRC, I recently pulled out £500 of the company that ...
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Form W8BEN-E type of beneficial owner
I just opened a FZE in UAE.
An FZE is technically a LLC with a single shareholder, who owns 100% of shares, and who is also self-employed with a defined salary and a payroll.
I'm filling out form ...
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As an investor of a business, how do you prevent the founder from holding back growth? [closed]
If you are an investor who owns 30% of a business and the founder owns 70%, how do you prevent a situation where the founder decides to always take profits and not reinvest them to grow the business? ...
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What is the point of being able to exercise Dissenter or Appraisal Rights in a publicly traded company?
In the Interactive Brokers list of fees for Corporate Actions & Dividend Processing, there is a "$100 + external costs" fee for "requests to exercise Dissenter or Appraisal Rights&...
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Are companies allowed to pay out more dividends than their retained earnings?
Assume that a corporation was formed three years ago with $500,000 in starting capital. In each of the first three years, it earned $100,000 and did not pay any dividends. It now has $300,000 in ...
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Hostile takeover bid to turn company private - how does it work (current context: Musk / Twitter)?
With regard to the current coverage of Musk announcing his wish to turn Twitter into a private company, I'd appreciate some clarification:
Twitter stock, according to Yahoo Finance, is owned by ...
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Canadian taxes: Is it possible to declare dividends for a small business corporation with no other income other than investments (passive income)?
I have a small business that is now dormant since I switched to full time employment
This is a small inc created before the professional corporations were defined by the Canada Revenue Agency (not ...
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What does "existing balance sheet cash" mean for a company, as compared to actual cash and cash equivalents?
I read that Li-Cycle (LICY), a Li-ion battery recycling company, is increasing the size of a large recycling plant. To do this:
The Company estimates that the Hub will require a total capital ...
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How can one debt-finance a corporate takeover and then transfer debt to the company? [closed]
I'm reading about the Glazer family's takover of soccer club Manchester United nearly two decades ago. They apparently debt-financed their takeover, borrowing hundreds of millions of pounds, and some ...
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The minimum a Canadian corporation can pay to its owner
Can a Canadian Corporation pay its owner less than the minimum wage? Is there a minimum amount when running the payroll?
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Insurance Liability for a recently registered Ontario corporation
I just registered a corporation in Ontario, and I'm about to get a contract from USA as a Programmer. I applied for a general liability insurance online in many sites, but they keep rejecting it ...
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Setting up a corporation for family finances
Jurisdiction: Canada
Could I set up a private business corporation in Canada to handle my family finances (eg. pay rent, car repairs, even groceries). What are the ramifications? Why doesn't everyone ...
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To what extent are companies' owners not responsible to pay back money that they waste?
I've always been confused by this. Apparently, as I understand it, you can register a company for a small sum of money in Western countries, for example the USA or Sweden, which then become its own &...
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IRS filing obligations for non-resident shareholders of a US c-corp [closed]
I'm thinking of forming a micro-sized US c-corp and I have some questions related to the filing obligations. I plan to have two non-resident shareholders on board, one non-resident individual holding ...
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Do corporate executives have a fiduciary duty to maximize the value returned to investors?
I have repeatedly heard that corporate executives have a fiduciary duty to maximize the value returned to investors. I have also repeatedly heard exactly the opposite: that there is no requirement ...
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Federal NOLD vs Florida NOLD
I'm considering opening a corporation within the State of Florida.
Although, I'm trying to understand the Corporate Short Form Income Tax Return.
Florida Short Form F1120-A
Line 1 (total income)
Line ...
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Does the owner of a corporation need a W2 for personal taxes if the Corporation revenue was 0 and didn't make any money?
I the owner of a C-Corporation that didn't have any revenue in 2020. I am filing my personal tax returns and was wondering if I need a W2 issued by the Corporation with 0 income or can I just report ...
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What's the difference between "gross profit", "operating income" and "net income"?
I received an email boasting about a company doing the following in their 4th quarter
Revenues up 94% to $978m USD
Operating Income up 600% to $200m
Net profit of $123.9m
What is the difference ...
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If a LLC doesn’t file as a corporation on federal income tax, what are other options?
What are other filing options for no income LLCs?
user104440
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Incorporating a Canadian business with a US founder
I'm a Canadian citizen who is a American permanent resident residing in the USA. My cofounder is a Canadian citizen residing in Canada. We are incorporating a business that will be operating in Canada ...
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Unpaid accrual expenses [closed]
Let's say for-profit corporation ALPHA INC. borrowed $1M from person JOHN DOE, who is also an executive officer of the corporation. The corporation ALPHA INC. uses accrual accounting method, while ...
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Benefits of being paid as corporation - USA
I see a lot of articles describing how many corporations (notably Amazon) pay minimal/zero tax. What prevents me from having my employer pay my salary to a corporation I set up and having the corp use ...
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Converting a personal business into a Company & its taxation advantages
I've often read opinions about taxation advantages of converting a personal business to a company but a point which confuses me is wouldn't the lower corporate tax rate be offset by the income tax ...
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Seeking Equity Split Advice between four co-founders, two of them who have invested money and two who haven't
Founder A,B,C,D are equally responsible for the execution and the idea. At the pre-development stage, Founder A invests $12,500 and Founder B invests $7,500, whereas Founder C and D aren't investing ...
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How to report a C corporation's post-dissolution expenses?
We're filing 2019 Form 1120 for a C corporation (XYZ Inc). In January 2017 my cofounder and I incorporated XYZ Inc in Delaware and registered it as a foreign corporation in Connecticut. We dissolved ...
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Does it make sense to set up a corporation in Ireland to protect your wealth?
I am 25 years old, from Ireland, and am looking at getting started investing in the stock market.
I’ve started reading Rich Dad Poor Dad.
One of the main pieces of advice given in this book is that ...
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Is it legal to issue free stock? [closed]
Are there legal obstacles to issuing free stock? Along with no promise of any return. Do you still need to be a corporation to do so?
The money comes from payments made elsewhere for products and ...
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When first incorporated, I created 100,000 company shares worth $1 each. What does this mean?
When first incorporated, I created 100,000 company shares worth $1 each. What does this mean? Does the value mean anything? Because I just started, no capital was paid.
Do I also have to pay Capital ...
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Corporation Tax Help?
I’m hoping some of you may be able to help, as I am not very well versed in the tax department.
Here’s my situation:
Last year, I started doing work for a company that required us to be self ...
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Should I create a corporation, even if I won't make money or receive funding until later? [duplicate]
Suppose I may not be profitable, make any money, or receive funding for another year. Should I still create the business entity now?
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If I plan to get investments later, should I start a C Corp now? Or LLC then convert to C later?
Should I start an LLC then convert later once it is time for investments? Or just start as a C-Corp now?
At the moment what I have are open source software tools, and ideas on how to monetize them ...
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What benefits and risks do American C-corps have for investors in Europe?
In Europe the start-up investor climate seem quite different from what investors and entrepreneurs experience in the US. As I am being part of a few different EU based startups I am confronted with ...
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Are wages from a corporation always immediately tax deductible? [closed]
Suppose a corporation which constructs apartments and rents out those apartments
expects to start earning money in its fifth year. Can it then just increase
construction in that fifth year to create ...
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$10,000 was accidentally transferred to me instead of my company
As a result of a business competition we won for school, $10,000USD was transferred from my University's Accounts Payable department, to me. It should have been transferred to my business, a C-...
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Why 1099-MISC for LLC but not a corporation?
I have a couple side gigs, and every January I get a little annoyed because I need to send out 1099-MISC forms for various payments to contractors and the like.
According to IRS rules you must send ...
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What are the US tax implications of owning a controlling stake in a UK private limited company?
I'm currently a US resident alien.
What are the tax implications of owning a controlling stake in a UK private limited company?
It is unclear how complex filing is and what financial implications ...
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Can I purchase and sell a property through my c-corp if I have a personal tax lien with my state?
I would like to execute a simple contract assignment (double closing) on a real estate deal. The initial title work came back an there is a lien against me personally for taxes owed to my state. I ...
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Why is investment income generated in a corporation taxed at a higher rate than when it is generated for an individual?
I often have a hard time understanding my accountant so I ask others to interpret what he said. I welcome insight from experience gained in any country with similar tax laws (doesn't have to exactly ...
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ISIN - First 2 Letters : Issuing Country vs Domicile Country
I have a question regarding how the logic in the ISIN structure work for the first 2 letters.
It is mentioned the following : The first two characters are the alpha-2 country code, in accordance with ...
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Where is my principal place of business UK based?
I am in the process of setting up a company and trying to research everything before making the first step. Though I do not live there, I intend to register the company at my parent's address so that ...
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Bank loan responsibility for corporation partners
I own 25% of a small corporation. My partner (who owns the other 75%) and I took a loan with a bank (TD). We both had to give personal guarantees. Am I only responsible for 25% of the loan?
If we go ...
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What does it mean on a 10-K balance sheet when a field is blank for a single year?
I am looking at a corporate balance sheet in a 10-K for Chipotle and the line for Long term investments is $125b for 2016, but blank for 2017.
What does it mean when a company doesn't list this info ...
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Does market cap include ALL shareholders, including a company's founders and largest institutional investors?
If a given company has a $100B market cap, does that include all of its shares, or is that only the ones which are publicly traded? Are the founders' shares included in the count, as well as those ...
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