38. Notes the Commission’s call for the use of private equity or venture capital, as regulated by the Alternative Investment Fund Managers (AIFM) Directive and the Regulation on European venture capital funds, as an alternative source of finance, in particular vis-à-vis companies in the start-up and growth phases; notes that there is currently a strong tax bias favouring debt financing; believes that venture capital and private equity firms can provide valuable non-financial support, including consultancy services, financial advice, advice on marketing strategy, and training; calls on the Commission further to assess the role of such ...[+++]firms in financing the EU economy; calls on the Commission to work on eliminating all bias against equity in the various national economies, the European economy and the global economy;

38. Notes the Commission’s call for the use of private equity or venture capital, as regulated by the Alternative Investment Fund Managers (AIFM) Directive and the Regulation on European venture capital funds, as an alternative source of finance, in particular vis-à-vis companies in the start-up and growth phases; notes that there is currently a strong tax bias favouring debt financing; believes that venture capital and private equity firms can provide valuable non-financial support, including consultancy services, financial advice, advice on marketing strategy, and training; calls on the Commission further to assess the role of such ...[+++]firms in financing the EU economy; calls on the Commission to work on eliminating all bias against equity in the various national economies, the European economy and the global economy;

These may include, amongst other measures, technical assistance for financial intermediaries involved in assessing the eligibility of loan applications or the value of knowledge assets; investment-readiness schemes covering incubating, coaching and mentoring SMEs and fostering their interaction with potential investors; measures to raise the awareness of venture capital firms and business angels about the growth potential of innovative SMEs involved in Union funding programmes; schemes to attract private investors to support the growth of innovative SMEs and mid-caps; actions to improve cross-border and multi-country debt and equity ...[+++]financing; schemes for encouraging philanthropic foundations and individuals to support R and schemes to foster corporate venturing and encourage the activities of family offices and business angels.

You can have an organization that is a corporation without share capital, but once its assets achieve more than $250,000 in surplus, or a certain amount, Canada Revenue Agency, in the courts, has a test to determine at what point that corporation without share capital or non-profit organization in effect becomes a business activity.

Where a third party by means of financial assistance from a company acquires that company's own shares within the meaning of Article 19(1) or subscribes for shares issued in the course of an increase in subscribed capital, that acquisition or subscription must be made at a fair price .

Where a third party by means of financial assistance from a company acquires that company's own shares within the meaning of Article 19(1) or subscribes for shares issued in the course of an increase in subscribed capital, that acquisition or subscription must be made at a fair price .