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Old 02-02-2010, 03:58 PM   #300
PKFFW
Wizard
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Quote:
Originally Posted by Pardoz View Post
Well, no - corporations are people. The big difference is that they're immortal people, which rather throws a wrench into "Life+X" copyright.
Quote:
Originally Posted by kennyc
That's my point. legally they are defined as a people.
Not to derail the thread even further but........

From a legal standpoint and with regards to any legal proceeding involving humans and any form of "corporation", it is the human that is defined as a corporation and not the other way around.

It is because of this legal technicality that defines the "natural person" as a "corporate entity" that such proceedings can even take place in the first place. Under the law, "business" can only be transacted between like entities. As there is no way a "corporation" can be defined as a "natural person", it follows that the "natural person" must be defined as a "corporation" in order for the business to legally take place.

It is also the reason why, even though there is no law which explicitly requires citizens of the USA to pay personal income tax, you all must* pay tax anyway.

Cheers,
PKFFW
*I say "must" because it is actually quite easy and legal to avoid paying any personal income tax if one knows what legal paperwork to fill out.
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