Other Corporate Events
Many systems provide that certain corporate events are not taxable to corporations or shareholders. Significant restrictions and special rules often apply. The rules related to such transactions are often quite complex.
Read more about this topic: Corporate Tax
Famous quotes containing the words corporate and/or events:
“If when a businessman speaks of minority employment, or air pollution, or poverty, he speaks in the language of a certified public accountant analyzing a corporate balance sheet, who is to know that he understands the human problems behind the statistical ones? If the businessman would stop talking like a computer printout or a page from the corporate annual report, other people would stop thinking he had a cash register for a heart. It is as simple as that—but that isn’t simple.”
—Louis B. Lundborg (1906–1981)
“One thing that makes art different from life is that in art things have a shape ... it allows us to fix our emotions on events at the moment they occur, it permits a union of heart and mind and tongue and tear.”
—Marilyn French (b. 1929)