Legal Question in Tax Law in Missouri

Hiding corporate officer identities

I put this under ''taxation'' because I'm sure taxes will play a big part in the answer. I'm starting an internet business that, while legal and ethical, isn't the type of business I'd like my neighbors to know I operate. I live in Missouri and would like to keep private who owns the company. This isn't easy when Annual Reports are available to anyone on the MO state website. How can I keep this information less accessible? So far, I've incorporated in Nevada. I've also got another incorporated business that's registered in MO (it was incorporated in KS). I was thinking about having my new business pay all net revenue to my old business for services to avoid having to submit employment taxes and forms (I'd still be paying employer taxes through the old business). Even so, I think I'd still have to file a MO Annual Report, but I'm not sure about this. Bottom line: I'm incorporated in NV, my bank will be out of state, and I'll be conducting business all over the world. However, my butt will be in MO and I need to get paid. Any ideas?


Asked on 1/13/06, 8:13 pm

1 Answer from Attorneys
Ronald Cappuccio Ronald J. Cappuccio, J.D., LL.M.(Tax)

Re: Hiding corporate officer identities

You are going overboard! Before you set up any entity, you should have consulted with a tax and business lawyer. Many times, a corporation may not be the best choice. You should also consider the tax aspects of the businesses. Right now, with entities in 3 states, you are starting with a needlessly complex busines structure. STOP! Consult a tax lawyer.

I have some information on my web site which may help - http://www.taxesq.com/

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Answered on 1/13/06, 9:03 pm


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