Tag Archives: shareholders

Shareholders Can’t Take Profit Distributions At Will

You are being judicious, prudent, and disciplined and are plowing your corporation’s earnings back into your corporation. Continue reading

Advertisements
Posted in Uncategorized | Tagged , , , , , , , | Leave a comment

Shareholders Do Not Own Corporate Assets

A corporation is, for corporate law purposes, a “person” separate from its owners.  As such, it owns the assets of the business, including, for example, customer lists, trade secrets and equipment.  A shareholder generally holds only legal title to the … Continue reading

Posted in Uncategorized | Tagged , , , , , , , | Leave a comment