Taxes and shares: Making sure crypto founders do not flounder 

By Darren Parkin by Jaspal Pachu (Partner), and Cathy Wears (Of Counsel) at CMS Founders could be forgiven for neglecting their share capital when a company is run from a spare bedroom and when turning a profit, let alone the idea of a company sale, is still a pipe dream. The specifics of ownership are often forgotten in a flurry of administrative activities on company formation. An original founder may have taken a back-seat in the operation of the company, or an employee who was instrumental in launching the company may not have received equity at formation. Fast forward a few years into the…


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