3 ms·

sorry that happened to you. what taxes do you have to pay on a company making 0? just delaware franchise tax?

• kentonv 1y ago
  That and $800 CA franchise tax. But the money wasn't really significant. It was just annoying to have to prepare the returns every year.
  • MichaelZuo 1y ago
    Did your legal counsel at the time not mention that was a possibility?
    • kentonv 1y ago
      Yes, of course. But given the circumstances we all believed it was highly unlikely he'd actually sue.