| Turning a hobby into a business and transfering a domain
Hypothetical question -
If someone had a hobby and they had registered a domain name(s) as an "individual", then that hobby became a business.
Could they business just have the domain name(s) as it belongs to the individual?
or Would the business buy the domains from the individual (for a nominal fee) so they are then part of the business?
Also, how would this work with tax?
Cheers
Ben
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