Taxes and shares: Making sure crypto founders do not flounder 

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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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