You are reading a single comment by @Tenderloin and its replies.
Click here to read the full conversation.
-
Yep it is a boring questio, but it late and I'm bored. these donations are part of set up costs and not income.. any tax that is liable will be if Scott sells assets or the company or part of it.
Don't think that's really part of the business plan at the moment considering Scott has even started sewing yet.
wildwest
@Tenderloin
As a question what are the tax implications of something like this? Can’t quite work out how that would work. Sorry for being boring.