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EP99 Jason Wiener on Alternative Business Structures

The Jim Rutt Show

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Doing Business in Delaware?

In Virginia, we have a thing called the foreign corporation status. If you do incorporate in Delaware, you still have some taxes. I wonder if their foreign corporation rules apply to co-ops. Yeah, that's exactly what I'm getting at. So every state has a mechanism for a business to become authorized to do business there. And it's a little bit like generating income and developing what's called tax nexus. It's...a little bit the same and a little bit different.

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