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0 pointsswyx8mo ago0 comments

sorry that happened to you. what taxes do you have to pay on a company making 0? just delaware franchise tax?

0 comments

That and $800 CA franchise tax. But the money wasn't really significant. It was just annoying to have to prepare the returns every year.

Did your legal counsel at the time not mention that was a possibility?

Yes, of course. But given the circumstances we all believed it was highly unlikely he'd actually sue.

j / k navigate · click thread line to collapse

0 pointsswyx8mo ago0 comments

sorry that happened to you. what taxes do you have to pay on a company making 0? just delaware franchise tax?

That and $800 CA franchise tax. But the money wasn't really significant. It was just annoying to have to prepare the returns every year.

Did your legal counsel at the time not mention that was a possibility?

Yes, of course. But given the circumstances we all believed it was highly unlikely he'd actually sue.

j / k navigate · click thread line to collapse