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#Actualtboxx

Posted 19 February 2013 - 03:12 PM

 I think under common law in the US each contributor would be considered a partner in a defacto partnership and they would have to split things evenly regardless how much work each person does.  Each would be on the hook I think for taxes too as a partners in a defacto partnership are jointly liable.   Partners also implied duties to each other regards to the business/partnership.    

 

So it could be messy as indicated above. 

 

(I am not providing legal advice) 


#2tboxx

Posted 19 February 2013 - 03:11 PM

 I think under common law in the US each contributor would be considered a partner in a defacto partnership and they would have to split things evenly regardless how much work each person does.  Each would be on the hook I think for taxes too as a partners in a defacto partnership are jointly liable.   Partners also implied duties to each other regards to the business/partnership.    

 

 

(I am not providing legal advice) 


#1tboxx

Posted 19 February 2013 - 03:09 PM

 I think under common law in the US each contributor would be considered a partner in a defacto partnership and they would have to split things evenly regardless how much work each person does.  Each would be on the hook I think for taxes too as a partners in a defacto partnership are jointly liable.  

 

 

(I am not providing legal advice) 


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