Legal and Tax Implications

[StanSmith]

So, what are the tax/legal implications for someone who unwittingly opened up a business? They never paid themselves out of course bc they had no idea. So no income tax.
Say sales tax etc were paid by the company.
Are they just left with a case of theft that may or may never surface?

 

[Sols]

This highly depends on exact details of the circumstances (duration, size of business, type of business, the person's involvement, and so on) and on applicable local laws.

Starting a business unwittingly is not a normal occurrence. It sounds like either identity theft (in which case you're fine, once you manage to document/prove it) or a creative attempt at feigning ignorance of tax evasion (which the judge will have a chuckle at before sentencing for tax evasion).

Speak with an attorney. See what options you have under local law.

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This is the probably the answer to your question.

 

[James2774]

Sols said:
This highly depends on exact details of the circumstances (duration, size of business, type of business, the person's involvement, and so on) and on applicable local laws.

Starting a business unwittingly is not a normal occurrence. It sounds like either identity theft (in which case you're fine, once you manage to document/prove it) or a creative attempt at feigning ignorance of tax evasion (which the judge will have a chuckle at before sentencing for tax evasion).

Speak with an attorney. See what options you have under local law.
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Thats what Id assume.
If you used a dark, the actual owner of the dark is simply a victim of fraud and at no risk. I dont think anyone would assume hed open a company and never pay himself a cent lol. Would be pretty obvious I assume.

 

[boomy]

James2774 said:
If you used a dark, the actual owner of the dark is simply a victim of fraud and at no risk.
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correct, that's why so many are using this method to avoid troubles.