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Old 01-17-2005, 12:06 PM  
AgentCash
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Join Date: Feb 2002
Posts: 720
Quote:
Originally Posted by colpanic
Ok, I know this is the totally wrong place to ask this.. but since I know you guys answer quickly....

If an LLC has been incorporated, but never sold anything (done no business). Does it still have to pay the $800 Franchise tax?

Anyone?

Thanks
Yep. Had to pay it in back taxes for the first few years when I didn't run anything through the corp.
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