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How is a Corporation Defined?

August 3, 2021 admin Comments Off on How is a Corporation Defined?

When a company forms, it needs a structure to define it. Many times, that structure takes the form of a corporation. A corporation is an entity that meets certain legal requirements to be separate from its owners, who share in both losses and profits produced by the business’ operations. Almost every large company is a type of corporation, and every publicly traded company has a corporate structure.
There are several different types of corporate structure, and the nature of a corporation plays a role in how it operates. For everyday individuals, these differences are trivial; however, for the companies and …read more […]

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One Crypto Bill Gets Clarified While Another Waits in the Wings

August 3, 2021 admin Comments Off on One Crypto Bill Gets Clarified While Another Waits in the Wings

The markets have shown a surprising amount of resiliency against the latest attempts at governmental crypto crackdowns. First came news that additional scrutiny would be added to the infrastructure bill. Then a crypto bill was introduced in Congress. Meanwhile, the crypto markets have just kept chugging along. Here are the important details…

Deep in the bipartisan infrastructure package was language suggesting sweeping measures that would generate significant tax revenue. It was estimated that the new reporting rules for crypto exchanges would generate $28 billion to help fund the bill over the next 10 years. But the amendment faced a lot of …read more […]