If you agreed to this 50/50 split a while ago, then you could deem that an oral contract as of that date. If your revenue was less at that point, then you coul

If you agreed to this 50/50 split a while ago, then you could deem that an oral contract as of that date. If your revenue was less at that point, then you could justify a very low stock price (and, thus, a minimal or no tax burden). All you would do now is document that oral agreement in writing, dated as of the date of the oral agreement.