§ 479.45. Changes in corporation.
63 words·~1 min read·
/us/cfr/t27/s§ 479.45·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Additional special (occupational) tax is not required by reason of a mere change of name or increase in the capital stock of a corporation if the laws of the State of incorporation provide for such change or increase without the formation of a new corporation. A stockholder in a corporation who after its dissolution continues the business, incurs new special (occupational) tax liability.