Re:Patagonia founder gives away the company
by yieldcrv on Wednesday September 14, 2022 @07:05PM
(#32844676)
I think it’s fine because non profits even under C4 grow tax free with a tiny excise tax on investment income (1.39% on realized gains and dividends, I think?)
so for a company with profits being the primary asset, itll grow even quicker, since there are no income taxable shareholders
so for a company with profits being the primary asset, itll grow even quicker, since there are no income taxable shareholders