Tax Facts
A trade or business between two or more persons where the income "flows through" to the owners for tax purposes
What is a partnership?
Shake Shack's first permanent location
What is Madison Square Park?
The price per share of SHAK's initial public offering
This model and wife of a singer-songwriter prefers Shake Shack to In-N-Out burger, even though she lives on the West Coast
Who is Chrissy Teigen?
Shake Shack's mission statement
What is Stand For Something Good?
The general amortization period of intangible assets that are deductible for tax purposes
What is 15 years?
Where you can order the Pooch-ini, made with ShackBurger dog biscuits and vanilla custard
What is the "Woof" menu?
Shake Shack was born from a hot dog cart to support this art installation
What is “I ♥ Taxi”?
This actor and comedian has said that he missed Shake Shack more than his friends when he left NYC (luckily, Shake Shack came to L.A.)
Who is Aziz Ansari?
The celebration on August 8th when Shake Shack treated guests to a complimentary scoop of custard
What is National Custard Day?
The contract that allows historical owners to monetize certain tax benefits realized by Shake Shack, Inc.
What is a Tax Receivable Agreement?
The hub of all menu development located on the lower level of the West Village Shack
What is the Innovation Kitchen?
The year the first Shake Shack opened as a permanent kiosk
What is 2004?
This celebrity revealed that her perfect day ended with a visit to “Shake Shack on the Upper West Side for shakes and burgers and fries”
Who is Tina Fey?
The NYC festival founded by Danny Meyer
What is the Big Apple BBQ Block Party?
A future tax benefit recorded on the balance sheet that represents a tax attribute or temporary difference between book and tax basis
What is a deferred tax asset?
The place where Tara earned her Bachelor of Arts degree in Accounting and Finance
What is Edinburgh / Heriot-Watt University?
Where Danny scribbled his vision of a modern version of a roadside burger stand
What is a napkin?
This model and wife of a Canadian singer-songwriter told magazine Vogue that if she could solve any mystery, it would be what's in Shake Shack's special sauce
Who is Hailey Bieber?
Shake Shack once offered this high-profile chef's veggie burger made from recycled vegetable pulp and stale rye bread
Who is Dan Barber?
This election allows for a tax basis step-up when historical owners exchange their LLC units for Class A SHAK shares
What is a Section 754 election?
Location of Randy's job before he started working for USHG
What is Canlis / Seattle, WA?
In collaboration with this company, Shake Shack offered a burger-themed sneaker for one day only in 2018
What is Allbirds?
This English singer-songwriter posted an Instagram video of herself singing to her Shake Shake food, which garnered 23,000 likes
How to say Shake Shack in Valyrian, the language from Game of Thrones
What is Rholītso Rhakion?