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Selling the shares to someone else is one way to give the shares back to a corporation. Another way is to sell the shares back to the corporation.

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10y ago

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How can you sign your corporation over to another corporation?

You can just sell or give them all of the shares of your corporation that you own. If you give them a controlling share, they can elect themselves as directors.


What happened to shares of standard prudential corporation?

what happened to shares of standard prdential corporation


Who are the shareholderss of a corporation?

People that own shares of the corporation.


What is the maximum number of shares of stock that a corporation can issue over the life of the charter called?

authorized shares are the maximum number of shares of stock that a corporation can issue.


If a person was given 1000 shares of a privately held corporation and then signs some or all of those shares back to the corporation is there any tax events that need to be considered?

It would depend if the person received consideration for the the return of the shares and/or the original acquisition regards and hope this helps bill@wamstaxltd.com


Who has the most control a corporation?

The people who own the most shares in the corporation


What is the represented ownership in a corporation?

In a corporation, ownership is represented by shares of stock, which signify a claim on the corporation's assets and earnings. Shareholders, the owners of these shares, have rights that typically include voting on corporate matters and receiving dividends. The percentage of ownership corresponds to the number of shares held relative to the total outstanding shares. Thus, owning more shares equates to greater ownership and influence within the corporation.


What imparts ownership in a corporation?

Ownership in a corporation is typically imparted through the ownership of shares of stock in the company. Shareholders own a portion of the corporation proportional to the number of shares they hold.


What is a attribute of a corporation's shares?

One attribute of a corporation's shares is their ownership representation in the company, providing shareholders with certain rights and privileges such as voting at shareholder meetings and receiving dividends. Shares also represent the proportional ownership in the corporation's assets and earnings.


Do owners of a corporation have shared control?

Yes, stockholders of a corporation have as many votes as they have shares. The more shares they own, the more control of the company they have. Therefore the control is not distributed equally but based on shares.


How big is a corporation?

A corporation can be any size, what makes it a corporation is that it issues shares and is owned by its shareholders. In principle one person could create a corporation and buy all of its shares himself, making it a privately held corporation with only one shareholder (but this is rare).


What is true about a corporation?

It can sell shares of stock.