Quote:
Originally Posted by U shove i call
Pocarr negated the terms by posting private information first.
The idea that a mistake on one issue would then completely invalidate every other part of a business arrangement is ridiculous. Yes, they may have wronged the backer in this regard, but to say that wipes out any debt is pretty silly IMO.
Quote:
Originally Posted by TryRunLikeMe
As mentioned before, the contract that is void from day one, should indeed be looked at as a set of rules that function in a system of honour and trust.
In my previous post I wrote down some lawarticles in simple english, why the contract is void.
No, you've given your opinion and legal interpretation as to why you believe the contract is void.
Quote:
Originally Posted by ronouf250
You can say it irrelevant all you like but tell you what's not irrelevant that Pocarr is not even a registered business and the whole backing thing would not stand up in a court of law , I will stop the Pocarr hate when they stop the bullying and harassment . I work and pay taxes , now if this is a legitimate business it should be registered and pay there dues so I think it's on the best interest they stop this nonsense now .
Quote:
Originally Posted by U shove i call
Any comment on these tax questions "pocarr"/gang of gamblers?
Curious if you paid 30% tax on the 6 million profit you have posted in your staking thread. Previously mentioned that you have a clause stating all horses are responsible for taxes on their share of profits however im sure you don't make every person sign a tax form to release you from your burden on this 6 million you have declared.
Quote:
Originally Posted by ronouf250
If they not a shady company then why are they not operating as a legitimate business . I am not sure the legalities of it all but I shall be passing all the details on to the IRS and see what they have to say . It's infortunate the way it as worked out but o disgusted at the way Pocarr have handled this and apologiseing after does not cut it .
Quote:
Originally Posted by ronouf250
I have never been backed or will be backed specially by a bunch of posh boys who think they big and clever because got money. He owes nothing because the business is illegal it's a simple fact you might have your own little poker boys club but in real world actually mean jack **** .
Seriously, it's time to move on from this nonsense. Either the backer owes money, or he doesn't - whether pocarr is incorporated anywhere or not really doesn't change anything.
But dealing with the matter for a moment, neither of you has any idea whether they are a registered or incorporated company. And it doesn't matter anyway. Registering or incorporating doesn't magically add legitimacy to your business, and not doing so doesn't exempt you from paying taxes. I know many people who have made money from their own very legitimate small businesses, including me, and paid their taxes. And as for legitimacy, one of the main reasons to incorporate is to shield the company owners from liability. Of course there are other reasons, and different jurisdictions have different requirements - the point is that this is a complex topic, and making assumptions based on how pocarr is set up in terms of being a registered company is something of a red herring and distraction from the topic at hand.
Quote:
Originally Posted by U shove i call
Ok seeing as people are telling me that this is the incorrect place to be discussing pocarr contract and pocarr tax liability please point me in the direction of the correct forum to discuss this matter. If it is a separate issue then its a absolutely relevant one with pocarr posting around a average of 10 neg feedback posts a month
Can move this post to the correct place if a mod doesn't mind.
There is no correct place for it, because there's no need to discuss it. How pocarr is set up is of no relevance here, and frankly, really isn't any of our business.
It seems like you're hung up on the language of calling themselves a company - I can come up with a name today, print some business cards, and be writing up company contracts tomorrow, perfectly legitimately.
I'd have thought this was fairly common knowledge, but it appears not to be for a couple of you, so I'll just point you to one quick and easy source (emphasis mine):
https://en.wikipedia.org/wiki/Company
Quote:
United States[edit]
In the United States, a company may be a "corporation, partnership, association, joint-stock company, trust, fund, or organized group of persons, whether incorporated or not, and (in an official capacity) any receiver, trustee in bankruptcy, or similar official, or liquidating agent, for any of the foregoing".[3] In the US, a company is not necessarily a corporation.[4]
Now, let's move on from this "they're not a company, they don't pay taxes, the contract is void" nonsense, please.
Edit to add: Please don't take this post to be taking one side of this dispute. I just believe this "legitimate company" nonsense needs to be stopped for once and for all.