"A "Shared Earnings Agreement" (SEA) isan arrangement between a business and an investor about an upfront investment in a startup or a small businessthat entitles the investor to a share of the future earnings (hence the name) of the business.
used as a substitute for equity-like structures like a SAFE, convertible note, or equity. It is not debt, doesn't have a fixed repayment schedule, doesn't require a personal guarantee."
North Carolina Shared Earnings Agreement between Fund & Company
State:
Multi-State
Control #:
US-ENTREP-0057-1
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Word;
Rich Text
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How to fill out Shared Earnings Agreement Between Fund & Company?
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Alaska, Arizona, California, Colorado, Hawaii, Idaho, New Mexico, Nevada, Oregon, Utah, Washington, Wyoming: Internal Revenue Service, P.O. Box 7704, San Francisco, CA 94120-7704.
You can obtain forms online, by mail, by calling toll-free at 1-877-252-3052 , or by visiting one of our service centers. Mail the completed forms to the North Carolina Department of Revenue, PO Box 25000, Raleigh, NC 27640-0640.
Where to File Your Return If you expect a refund, be sure to mail your return to the North Carolina Department of Revenue, PO Box R, Raleigh, NC 27634-0001. If you owe taxes, mail your return and payment to the North Carolina Department of Revenue , PO Box 25000, Raleigh, NC 27640-0640.
MAIL TO: N.C. Dept. of Revenue, P.O. Box 25000, Raleigh, N.C. 27640-0500.
Form NC-NPA Nonresident Partner Affirmation.
Credit for Taxes Paid to Another State If you are a North Carolina resident and you have income taxed by NC and another state, a tax credit may be claimed. However, no credit is allowed for taxes paid to a city, county, or other political subdivision in another state.
If you are responding to a notice, mail the amended return to the address shown in the notice. Otherwise, mail your federal amended return to the Internal Revenue Service Center listed for the state that you live in ing to the IRS instructions.
There are two ways to include non-resident shareholders in the NC Composite Return. Method One: To include all nonresident shareholders: Select Tax Authority > North Carolina. Select the North Carolina > Composite Return worksheet.