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Three advertising agency companies -- Bcom3 in Chicago, Publicis in Paris and Dentsu in Tokyo -- announced that they would form what would be the world's fourth-largest such corporation.
The language of the law, which was enacted in 1971, protects charities against only those torts "committed in the course of any activity carried on to accomplish directly the charitable purposes of such corporation".
C1 A New Axis of Advertising Three giant agency companies in Chicago, Paris and Tokyo said they would form what would be the world's fourth-largest such corporation, with strength in North America, Asia and Europe.
Three giant advertising agency companies in Chicago, Paris and Tokyo announced yesterday that they would form what would be the world's fourth-largest such corporation, with strength in North America, Asia and Europe.
Mr. Kalman had already formed one such corporation for his information-technology business and now wanted the same status for his sideline as a filmmaker, the better to write off expenses on his income taxes.
The tax code also says that in the case where the taxpayer transfers property (other than money or stock) to a corporation in exchange for stock in such corporation, the basis of the QSB stock in the hands of the taxpayer shall equal the fair market value of the property transferred [Internal Revenue Code section 1202(i)(1)].
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Corporate entities are a legal construct useful in business, but such corporations cannot be said to have any personhood as far as the rights this Constitution guarantees to human persons.
Such corporations exist as instruments of profit for their shareholders.
And such corporations don't look kindly on disruptions.
"Such corporations will be capable of competing on equal terms with Western multinational corporations".
As with all such corporations, then as now, the EIC was answerable only to its shareholders.
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