Comment on New Federal Law: Zero Taxes on Gains on Small Business InvestmentsparentComments−gojomo15yAnd especially: does a founder's contribution of initial IP, rather than cash, for founding shares also qualify for the tax-free treatment?−rdl15yMuch safer to buy your shares for cash, on top of the ip. In a new c Corp, buy for par or slightly higher. 1mm shares at $0.0001/share. Skip lunch that day. Make sure it is all well documented.
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And especially: does a founder's contribution of initial IP, rather than cash, for founding shares also qualify for the tax-free treatment?
Much safer to buy your shares for cash, on top of the ip. In a new c Corp, buy for par or slightly higher. 1mm shares at $0.0001/share. Skip lunch that day. Make sure it is all well documented.