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The non-profit will probably freeze the value of the assets accumulated so far, with new revenue going to the for-profit, to avoid the tax impact. Otherwise tha
by htk 2y ago
The non-profit will probably freeze the value of the assets accumulated so far, with new revenue going to the for-profit, to avoid the tax impact. Otherwise that'd be a great way to start companies, as non-profit and then after growth you flip the switch.