Tax consequences liquidating corporation

There is a long history of SF novels about interstellar free traders eking out a marginal existence on the fringes of the huge trader corporations, from Andre Norton's Solar Queen novels to the Space Angel series by John Maddox Roberts.Go to The Tough Guide to the Known Galaxy and read the entries "ECONOMY", "FREE TRADERS", "PIRACY", "REPLICATOR", "TRADE" and "TRADE FEDERATION".With creative maintenance, the service life might be longer than 30 years, see below.

tax consequences liquidating corporation-22

dating after breakup rules - Tax consequences liquidating corporation

You'd probably be better off reading the full article but some people want executive summaries.

Rick starts with certain assumptions and follows them to various conclusions about the interstellar economy.

It has detailed analysis of the economics of interstellar trade, and a system of equations to model trade routes and economic demands.

Sometimes the traders live in large "clan-ships", developing a "trader culture." Each ship is a world, carrying the entire clan. Novels including this include CITIZEN OF THE GALAXY by Robert Heinlein, STAR WAYS aka THE PEREGRINE by Poul Anderson, the Cities in Flight novels of James Blish, MERCHANTER'S LUCK and FINITY'S END by C. Cherryh, RITE OF PASSAGE by Alexi Panshin, A DEEPNESS IN THE SKY by Vernor Vinge.

Assumption: starship fuel is cheaper than cargo jet JP-4 fuel.

Big assumption since JP-4 is about

Big assumption since JP-4 is about $1.39 per gallon.(ed note: starships are going to require lots of infrastructure.)Assumption: the service life of a merchant starship is 30 years.This means the ship owner must earn $100,000 of profit per ton of cargo.That is, selling price at destination MINUS purchase price at origin must be $100,000 or more.A cargo jet can carry 50 tons so its purchase price is about $2 million per ton of cargo capacity.Assumption: starships are strictly orbit-to-orbit, they use space ferrys to transfer passengers and cargo between the starship and the planet.That is, assuming a full cargo turnover at each port of call, how many one-way runs can the ship make? From departure planet orbit to FTL flight to arrival planet orbit. Assumption: each trip requires one month for servicing, maintenance, selling the cargo, buying new cargo for the next run.

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Big assumption since JP-4 is about $1.39 per gallon.(ed note: starships are going to require lots of infrastructure.)Assumption: the service life of a merchant starship is 30 years.

This means the ship owner must earn $100,000 of profit per ton of cargo.

That is, selling price at destination MINUS purchase price at origin must be $100,000 or more.

A cargo jet can carry 50 tons so its purchase price is about $2 million per ton of cargo capacity.

Assumption: starships are strictly orbit-to-orbit, they use space ferrys to transfer passengers and cargo between the starship and the planet.

That is, assuming a full cargo turnover at each port of call, how many one-way runs can the ship make? From departure planet orbit to FTL flight to arrival planet orbit. Assumption: each trip requires one month for servicing, maintenance, selling the cargo, buying new cargo for the next run.

||

Big assumption since JP-4 is about $1.39 per gallon.(ed note: starships are going to require lots of infrastructure.)Assumption: the service life of a merchant starship is 30 years.

This means the ship owner must earn $100,000 of profit per ton of cargo.

That is, selling price at destination MINUS purchase price at origin must be $100,000 or more.

A cargo jet can carry 50 tons so its purchase price is about $2 million per ton of cargo capacity.

.39 per gallon.(ed note: starships are going to require lots of infrastructure.)Assumption: the service life of a merchant starship is 30 years.

This means the ship owner must earn 0,000 of profit per ton of cargo.

That is, selling price at destination MINUS purchase price at origin must be 0,000 or more.

A cargo jet can carry 50 tons so its purchase price is about million per ton of cargo capacity.

Assumption: starships are strictly orbit-to-orbit, they use space ferrys to transfer passengers and cargo between the starship and the planet.

That is, assuming a full cargo turnover at each port of call, how many one-way runs can the ship make? From departure planet orbit to FTL flight to arrival planet orbit. Assumption: each trip requires one month for servicing, maintenance, selling the cargo, buying new cargo for the next run.

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