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

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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

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