How To Fold The World's Farthest-Flying Paper Airplane. The all-time distance record for paper airplane flight* was set in February, 2012. The paper craft was designed by John Collins (a.k.a. The Paper Airplane Guy), and soared a whopping 226 feet, 10 inches. Here, Collins walks us through how to fold his world-record-holding plane, which he's named Suzanne..
Profits Interests The most commonly recommended approach to sharing equity in an LLC is to share profits interests. A profits interest is analogous to a stock appreciation right. It is not literally a profit share, but rather a share of the increase in the value of the LLC over a stated period of time.
Profits interests usually are granted subject to vesting, and service providers usually file âprotectiveâ 83(b) elections on such profits interests with a goal of ensuring that any future gains are taxed at capital gains tax rates rather than ordinary income; capital gains treatment should be available assuming the interest is held for at least a year (or, in the context of an asset sale of the LLC, as to assets that the LLC has held for at least a year, regardless of the service ...