rprasad

74 ms·

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by rprasad 14y ago
Kickstarter is essentially a form of prepayment triage: if enough people want to pay for your product in advance, you get the money to make the product. Crowdfunding is simply cash for equity. The investor is not getting a product, so the
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by rprasad 14y ago
I typed in "food styling" and FTC into Google, and it was in every result on the first page. (I was not using personalized search but I do have cookies enabled, so your results may vary.) If you do not want to pay for the digital copy (I
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by rprasad 14y ago
Correct. The "rules" are just guideposts. Campbell is essentially the FTC saying what a company should do in order to avoid an enforcement action (for food ads). You don't need to follow the rules set forth in Campbell , but then you
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by rprasad 14y ago
In re Campbell Soup Co. , 77 F.T.C. 664 (1970). It took all of 2 minutes to find the case. You have to know where to look. The case is not available digitally for free or as part of subscriptions to legal research databases to Lexis, West
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by rprasad 14y ago
That was my point -- without the antitrust injunction, Microsoft would not have invested in Apple. Ergo, Apple owes its existence today to the injunction.
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by rprasad 14y ago
For all of you wanting the source of the FTC rules, see In re Campbell Soup Co., 77 F.T.C. 664 (1970), which sets forth the basic rules for advertising foods. There are print copies available, but the case generally precedes the digitized
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by rprasad 14y ago
See In re Campbell Soup Co., 77 F.T.C. 664 (1970), which sets forth the basic rules. There are print copies available, but the case generally precedes the digitized archives available with subscriptions to legal research archives (i.e., L
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by rprasad 14y ago
Microsoft created the XMLHttpRequest standard; it was first featured in Internet Explorer. Microsoft was also one of the first backers of jQuery. Mozilla owes much of its market share to the EU, which forced Microsoft to bundle competing b
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by rprasad 14y ago
The market took care of the problem only because the antitrust injunction prevented Microsoft from dominating the market in its customary manner. Without that injunction, Apple would be dead today. (Microsoft's investment in Apple durin
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by rprasad 14y ago
Also: Negativefrag's structure has two companies: a New Zealand parent which owns a U.S. subsidiary. Presumably, the IP is held in the NZ company rather than the U.S. subsidiary. In the OP's post, Freshdesk only has a single company, locat
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by rprasad 14y ago
Transfer pricing requires you to pay market-based rates for services actually rendered by foreign related companies. This generally means the foreign company's costs in performing the service plus a profit percentage. The percentage is d
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by rprasad 14y ago
Just a few thoughts on the tax consequences based on a cursory look at the OP's post... - It appears that the OP will be subject to at least a 15% withholding rate on dividends paid from the US Corp to the Indian parent in addition to the U
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by rprasad 14y ago
You cannot incorporate an S-Corporation if you are not a U.S. individual taxpayer (i.e., a flesh-and-blood person who is a citizen or permanent resident of the U.S.).
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by rprasad 14y ago
This is flat-out wrong. You are not talking about "control", which has specific meanings in corporate and tax law. You are talking about "likelihood of control" or some other concept that is somewhat related to control but is not "control
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by rprasad 14y ago
The Empire State Building completed construction right before the Great Depression. The Great Depression was followed by WWII. The ESB became profitable as soon as the US economy picked up. In contrast, the Chinese Great Mall has been esse
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by rprasad 14y ago
The difference in the quality of the Chinese quick-buildings (i.e., "quildings") and the Dubai buildings is the difference between a Ford Pinto and a Lamborghini. The Chinese quildings are cheap because they lack any sort of extravagance.
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by rprasad 14y ago
Quill does not hold that you cannot tax items sold from other states and brought into the taxing state. It merely hold that the selling entity must have sufficient nexus to X state to justify the imposition of a sales tax. However, fundame
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by rprasad 14y ago
You most certainly can put a tax on items coming from another state. The Constitution merely prohibits a discriminatory tax on items coming from other states (i.e., a tax that is not equal to the same items coming from sources in your st
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by rprasad 14y ago
Alternatively, the preferred solution by most states and retailers is to simply end the subsidy for online retailers and require them to collect sales tax. Before computers and databases, it was a valid excuse to say that merely calculating
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by rprasad 14y ago
Don't know why you're being downvoted, dude. Your comment (and your clarifying comments above/below) are accurate. Copyright is automatic, but the right to actually litigate a copyright is dependent on manually registering a work. If you
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by rprasad 14y ago
Yes, see Jack Thompson, the now-disbarred infamous Florida attorney.
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by rprasad 14y ago
Want to know how I know that you don't know what constitutes slander in the U.S.? Because you think that a picture is slander. A picture is libel , which is a related but separate concept. Both slander and libel involve defamatory statem
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by rprasad 14y ago
Oddly enough, Carreon is not suing over the picture itself--he is not suing for libel (i.e., a published defamation) or intentional infliction of emotional distress. He is merely claiming that the picture is a motivating factor in suing th
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by rprasad 14y ago
One of the biggest misconceptions about the corporate form is that it fully shields investors, officers, or employees from liability for their actions. It does not . Employees remain liable for their own actions, though the corporation ma
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by rprasad 14y ago
Delaware is a great state for: 1) large corporations, 2) boards of directors of corporations of any size, and 3) the investors who control the board of directors for a corporation. Delaware is also a great state if you expect to have lots
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by rprasad 14y ago
You pay a "franchise tax" to whatever state you actually operate in, regardless of where you are incorporated. Thus, if you are incorporated in Delaware but based out of California, you would be subject to taxation in both Delaware and Cali
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by rprasad 14y ago
Just to note: LLCs are treated as partnerships by default for tax purposes, which is what complicates equity compensation for LLCs. S-Corps are mostly treated like partnerships for tax purposes. You can alternatively choose to have an LLC
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by rprasad 14y ago
For international companies, you will want to hire an accounting firm which has offices in both/all of the nations in which you will be operating. There is a reason that accountants and tax lawyers dither more about the tax issues than lawy
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by rprasad 14y ago
Yes. You can change the tax form of a LLLC by making what is called a "check the box" election on Form 8858. This will switch the LLC from a partnership (if it has multiple owners) or disregarded entity (if it has only 1 owner) to a corpo
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by rprasad 14y ago
None of my non-US clients has ever been denied entry into the US on any visa because they were a shareholder or director of a US corporation. If anything, they have generally received visas faster than they did before becoming US investor

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