Legal Question in Business Law in District of Columbia
Holding Company
If principles of a holding company want to invest in something, do all of the funds have to filter throught the holding company. Can the individuals make the investment without first putting the funds through the company?
Thank you.
Asked on 9/27/99, 5:08 pm
1 Answer from Attorneys
MYRON LEWIS
MYRON LEWIS
Re: Holding Company
I doubt it. Why did you set up the company? Isn't it to make investments? Thus, it seems to me the company should make the investments. Otherwise, the IRS could say you're personally liable on any taxes, and not the corporation. Good luck!
Answered on 9/28/99, 10:34 am
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