Category: business
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Aluminum MacBook review from a PC guy
I’ve been using PC for a long time and only played with a Mac occasionally. I had doubts before the switch. But last month was the first time I fully switched to a Mac. It took some time to get used to the new keyboards, but other than that, I love it. The convenience of…
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Startup equity basics
Par value has no relationship to the market value of a stock. The original purpose of this requirement was to protect creditors by specifying a permanent amount of capital (called legal capital)that owners could not withdraw before a bankruptcy which would leave creditors with an empty shell. Sales of the same class of stock made…
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California Tax Cheats
Examples of abusive tax shelter schemes identified: Basis Shifting: This tax scheme uses foreign corporations (in tax haven countries) and instruments to artificially increase and shift the basis of foreign shareholder stock (not subject to U.S. taxation) to stock owned by U.S. shareholders. By applying tax laws in a manner inconsistent with legislative intent, U.S.…