Auctions feature no buyer’s premium and no reserve bidding; the fastest way to move quantities of product.Ship the goods to our warehouse for liquidation at auction, and receive payments within 1 week of each auction. 331, a liquidating distribution is considered to be full payment in exchange for the shareholder’s stock, rather than a dividend distribution, to the extent of the corporation’s earnings and profits (E&P).The shareholders generally recognize gain (or loss) in an amount equal to the difference between the fair market value (FMV) of the assets received (whether they are cash, other property, or both) and the adjusted basis of the stock surrendered.Funds withdrawn from a traditional IRA will always be taxed as ordinary income while funds withdrawn from a Roth IRA may be free from federal income taxes.Contributions to Roth IRAs are made with after-tax dollars.
With over 12 years of specialization in the liquidation industry, Viatrading and Liquidate Now offer unparalleled exposure for your goods both domestically and internationally to a database of over 130,000 wholesale liquidation buyers and a mailing list of 200,000 opt-in subscribers.
Liquidate Now offers you a tried and trusted channel through which to sell your obsolete or unwanted goods without interfering with your current sales channel(s).
With over a decade of specialization in the liquidation industry, Via Trading has a wide global reach, resale channel network and a leading reputation in the industry.
If that money hasn’t been shared between the shareholders by the time the company is removed from the register, it will go to the state.
You’ll need to restore your company to claim back money after it’s been removed from the register.