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Adar
Jul 27, 2001

dougdrums posted:

I don't know about the foreign owner thing, but all you need to do is record the split ownership in your articles/filings and make some arrangements for later contributions, partners, and how that might affect ownership down the road.

The UK guy will want to speak to a US tax attorney because, in the admittedly unlikely event this will make any money, he will have to file US taxes and it will be a total nightmare unless the correct steps are taken ahead of time.

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