XRP & Digital Assets - The Greatest Wealth Transfer in History - Live Q&A. Jake Claver in this recording: “It's called disregarded entity and that's fine in the eyes of the IRS.”
Also coveredliving trust, institutional custody, liquidity
More on this subject: jakeclaver.com.
What this recording covers
Claver addresses an inquiry regarding corporate structures for holding digital assets, specifically whether establishing an S corporation helps manage tax liabilities. He explains that domestically in the United States, an individual can organize a limited liability company and elect S corporation tax treatment. This arrangement provides limited liability protection alongside pass-through taxation, meaning corporate earnings flow directly onto individual tax filings rather than incurring taxation at both corporate and personal levels. He notes that this structure allows filers to utilize corporate tax provisions, though business owners must comply with administrative rules such as paying themselves a reasonable wage. In addition, Claver discusses enterprise infrastructure deployment. He points out that major enterprise consulting firms are actively constructing blockchain solutions utilizing Hyperledger Besu to facilitate merchant settlement and peer-to-peer payment networks across commercial operations.
Where this fits
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