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Ready. Set. Incorporate! https://www.readysetincorporate.com/faq-items/what-is-par-value/ Export date: Sat Apr 20 3:25:09 2024 / +0000 GMT |
What is "par value"?It used to mean more than it does now. California has dropped this as a concept, and where it's still used, it's for tax and fees purposes. Some states tax corporations 1 based on capitalization 2, and they use par value to assess that tax. So you should not just “pick a number”. Some of the fees and taxes can be very expensive, so proceed cautiously. Delaware, for example, uses par value. |
| Excerpt: It used to mean more than it does now. California has dropped this as a concept, and where it’s still used, it’s for tax and fees purposes. Some states tax corporations based on capitalization, and they use par value to assess that tax. So you should not just “pick a number”. Some of the fees and taxes can be very expensive, so proceed cautiously. Delaware, for example, uses par value. |
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Post date: 2015-08-10 15:35:20 Post date GMT: 2015-08-10 22:35:20 Post modified date: 2015-08-10 15:35:20 Post modified date GMT: 2015-08-10 22:35:20 |
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