Legal Question in Business Law in California
Transferring shares to a new investor would mean getting taxed from a sell of shares? Or could you add this money as capital for the business? Currently I am a sole corporate owner owns 50k shares and will sell/transfer 25% to a new investor to make a total of 75% ownership for this new owner (our c corp articles stated as 100k shares max). What will I need to make this changes for ownership and tax implication for selling?
Asked on 6/24/16, 6:13 pm
1 Answer from Attorneys
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