I certainly understand the appeal of the expedient, but I still feel that such a change to ICP-2 should require the same rigors as a new document in order to have legitimacy, thus, if this is an effort to short cut that process, it feels wrong to me. Others may well have different opinions, but you specifically asked for mine. Owen
On Nov 21, 2024, at 18:32, David Conrad <drc@virtualized.org> wrote:
Hi,
A business has private or public shareholders or stockholders who once all taxes have been deducted on the legal entity's annual revenue or bottomline .. the stockholders then enjoys dividends through board resolutions. You have described one structure of a corporation, but the definition of a business is much broader.
FWIW, unsurprisingly, the definition of “business” varies depending on country and their legal system and context (e.g., legal, tax, or regulatory).
Regards, -drc
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