NASDAQ BABY AND JOHN HOPE BRYANT RECOGNIZED BY NAS
Post# of 85490
So I posted this on other board u know that one with the BROKE ASS DUMB CREW!
So Doc paid Max Tax assessment for non large Filer because currently we are not on #NASDAQ but next year when assets are over $750million then tax will go up to 250k!
FOLKS STRAP IN ITS COMING SOOOOOOOOOOOON!
$UNVC CONGLOMERATE INC TO $20.00+++++++
The Delaware Secretary of State’s Office and the Delaware Division of Corporations recently learned of a deceptive solicitation that has been mailed to numerous Delaware corporations from a company named Corporate Records Service. These solicitations urge corporations to file information and send payment in the amount of $125.00 by a certain date in order to complete corporate meeting minutes on behalf of the corporation. More information.
Corporate Annual Report and Franchise Tax Payments
All corporations incorporated in the State of Delaware are required to file an Annual Report and to pay a franchise tax. Exempt domestic corporations do not pay a tax but must file an Annual Report. The filing fee for filing an Annual Report or Amended Annual Report for exempt domestic corporations is $25. For an Annual Report or Amended Annual Report for non-exempt domestic corporations the filing fee is $50. Taxes and Annual Reports are to be received no later than March 1st of each year. The minimum tax is $175.00, for corporations using the Authorized Shares method and a minimum tax of $400.00 for corporations using the Assumed Par Value Capital Method. All corporations using either method will have a maximum tax of $200,000.00, unless it has been identified as a Large Corporate Filer then their tax will be $250,000.00. This new increase will have a retroactive effective date of January 1, 2017 and will be collected on the 4th quarter payment. Taxpayers owing $5,000.00 or more pay estimated taxes in quarterly installments with 40% due June 1, 20% due by September 1, 20% due by December 1, and the remainder due March 1. The penalty for not filing a completed Annual Report on or before March 1st is $200.00 Interest at 1.5% per month is applied to any unpaid tax balance.
What Qualifies a Corporation as a Large Corporate Filer?
Pursuant to Title 8 Chapter 5 Subsection 503 (c) 1 the entity had a class or series of stock listed on a national securities exchange and 2 reported in its financial statements prepared in accordance with United States GAAP or IFRS and included in its most recent annual report filed with the United States Securities and Exchange Commission or any similar agency outside the United States with responsibility for enforcing securities laws or serving as a public repository for the corporation’s financial disclosures, both of the following: a.consolidated annual gross revenues equal to or greater than $750,000,000 or consolidated assets equal to or greater than $750,000,000; and b.consolidated annual gross revenues not less than $250,000,000 and consolidated assets not less than $250,000,000; .