Welcome to tax-dodge city, USA (DELAWARE)
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Welcome to tax-dodge city, USA (DELAWARE)
Delaware offers corporate anonymity and light-touch regulation that rivals offshore havens
It lacks the palm-fringed sandy beaches of the Cayman Islands. Or the craggy Alpine peaks of Liechtenstein. But should the second smallest US state, Delaware, go on a blacklist of globally notorious tax havens?
A wedge-shaped chunk of land 96 miles long sitting halfway between Washington and New York, the state of Delaware is home to 870,000 people, 0.3% of the US population. But more than half of the nation's publicly traded companies are incorporated here, including 60% of the Fortune 500 firms. One anonymous office block serves as the registered address of more than 200,000 corporations.
Delaware's status as a corporate honeypot has attracted the unwelcome attention of Luxembourg's prime minister, Jean-Claude Juncker, who last week declared that if his country was to be picked upon as an alleged tax haven, then Delaware should get the same treatment.
The G20 has "no credibility", said Juncker, if Delaware and several other tax-friendly US states are allowed to pass under the radar: "If there must be a blacklist, then America should have its place on it."
http://www.guardian.co.uk/business/2009 ... s-delaware
FINALLY!! Someone with the balls to say it!!
It lacks the palm-fringed sandy beaches of the Cayman Islands. Or the craggy Alpine peaks of Liechtenstein. But should the second smallest US state, Delaware, go on a blacklist of globally notorious tax havens?
A wedge-shaped chunk of land 96 miles long sitting halfway between Washington and New York, the state of Delaware is home to 870,000 people, 0.3% of the US population. But more than half of the nation's publicly traded companies are incorporated here, including 60% of the Fortune 500 firms. One anonymous office block serves as the registered address of more than 200,000 corporations.
Delaware's status as a corporate honeypot has attracted the unwelcome attention of Luxembourg's prime minister, Jean-Claude Juncker, who last week declared that if his country was to be picked upon as an alleged tax haven, then Delaware should get the same treatment.
The G20 has "no credibility", said Juncker, if Delaware and several other tax-friendly US states are allowed to pass under the radar: "If there must be a blacklist, then America should have its place on it."
http://www.guardian.co.uk/business/2009 ... s-delaware
FINALLY!! Someone with the balls to say it!!
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Re: Welcome to tax-dodge city, USA (DELAWARE)
A single low-rise, yellow-brick building, 1209 Orange Street, is the legally registered office of more than 200,000 companies including Ford, American Airlines, General Motors, Coca-Cola and Kentucky Fried Chicken.
- Wedgebuster
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Re: Welcome to tax-dodge city, USA (DELAWARE)
Has Obama written all over it.dbackjon wrote:A single low-rise, yellow-brick building, 1209 Orange Street, is the legally registered office of more than 200,000 companies including Ford, American Airlines, General Motors, Coca-Cola and Kentucky Fried Chicken.
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Re: Welcome to tax-dodge city, USA (DELAWARE)
More like IvytalkWedgebuster wrote:Has Obama written all over it.dbackjon wrote:A single low-rise, yellow-brick building, 1209 Orange Street, is the legally registered office of more than 200,000 companies including Ford, American Airlines, General Motors, Coca-Cola and Kentucky Fried Chicken.
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Re: Welcome to tax-dodge city, USA (DELAWARE)
I was most concerned about the chicken.dbackjon wrote:More like IvytalkWedgebuster wrote:
Has Obama written all over it.
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Ivytalk
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Re: Welcome to tax-dodge city, USA (DELAWARE)
Typical Guardian Brit ignoramus bullshat.dbackjon wrote:Delaware offers corporate anonymity and light-touch regulation that rivals offshore havens
It lacks the palm-fringed sandy beaches of the Cayman Islands. Or the craggy Alpine peaks of Liechtenstein. But should the second smallest US state, Delaware, go on a blacklist of globally notorious tax havens?
A wedge-shaped chunk of land 96 miles long sitting halfway between Washington and New York, the state of Delaware is home to 870,000 people, 0.3% of the US population. But more than half of the nation's publicly traded companies are incorporated here, including 60% of the Fortune 500 firms. One anonymous office block serves as the registered address of more than 200,000 corporations.
Delaware's status as a corporate honeypot has attracted the unwelcome attention of Luxembourg's prime minister, Jean-Claude Juncker, who last week declared that if his country was to be picked upon as an alleged tax haven, then Delaware should get the same treatment.
The G20 has "no credibility", said Juncker, if Delaware and several other tax-friendly US states are allowed to pass under the radar: "If there must be a blacklist, then America should have its place on it."
http://www.guardian.co.uk/business/2009 ... s-delaware
FINALLY!! Someone with the balls to say it!!
“I’m tired and done.” — 89Hen 3/27/22.
- dbackjon
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Re: Welcome to tax-dodge city, USA (DELAWARE)
Ivytalk wrote:Typical Guardian Brit ignoramus bullshat.dbackjon wrote:Delaware offers corporate anonymity and light-touch regulation that rivals offshore havens
It lacks the palm-fringed sandy beaches of the Cayman Islands. Or the craggy Alpine peaks of Liechtenstein. But should the second smallest US state, Delaware, go on a blacklist of globally notorious tax havens?
A wedge-shaped chunk of land 96 miles long sitting halfway between Washington and New York, the state of Delaware is home to 870,000 people, 0.3% of the US population. But more than half of the nation's publicly traded companies are incorporated here, including 60% of the Fortune 500 firms. One anonymous office block serves as the registered address of more than 200,000 corporations.
Delaware's status as a corporate honeypot has attracted the unwelcome attention of Luxembourg's prime minister, Jean-Claude Juncker, who last week declared that if his country was to be picked upon as an alleged tax haven, then Delaware should get the same treatment.
The G20 has "no credibility", said Juncker, if Delaware and several other tax-friendly US states are allowed to pass under the radar: "If there must be a blacklist, then America should have its place on it."
http://www.guardian.co.uk/business/2009 ... s-delaware
FINALLY!! Someone with the balls to say it!!
How so Esquire Ivytalk?
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Ivytalk
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Re: Welcome to tax-dodge city, USA (DELAWARE)
dbackjon wrote:A single low-rise, yellow-brick building, 1209 Orange Street, is the legally registered office of more than 200,000 companies including Ford, American Airlines, General Motors, Coca-Cola and Kentucky Fried Chicken.
dback, don't be a dolt. It's a freakin' registered agent for service of process, The Corporation Trust Company. EVERY STATE HAS THEM!
“I’m tired and done.” — 89Hen 3/27/22.
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Re: Welcome to tax-dodge city, USA (DELAWARE)
Every state has a building that is the home to 200K companies?Ivytalk wrote:dbackjon wrote:A single low-rise, yellow-brick building, 1209 Orange Street, is the legally registered office of more than 200,000 companies including Ford, American Airlines, General Motors, Coca-Cola and Kentucky Fried Chicken.
dback, don't be a dolt. It's a freakin' registered agent for service of process, The Corporation Trust Company. EVERY STATE HAS THEM!
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Ivytalk
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Re: Welcome to tax-dodge city, USA (DELAWARE)
The fact is that Delaware is a home to so many public corporations because of its outstanding corporate statutes (which I have helped draft) and its best-in-the -country court system. Nevada's corporate taxes are actually lower.dbackjon wrote:Ivytalk wrote: Typical Guardian Brit ignoramus bullshat.
How so Esquire Ivytalk?
“I’m tired and done.” — 89Hen 3/27/22.
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Ivytalk
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Re: Welcome to tax-dodge city, USA (DELAWARE)
Most of them are small, 1000-share mom-and-pops. SMFH.dbackjon wrote:Every state has a building that is the home to 200K companies?Ivytalk wrote:
dback, don't be a dolt. It's a freakin' registered agent for service of process, The Corporation Trust Company. EVERY STATE HAS THEM!![]()
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Ivytalk
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Re: Welcome to tax-dodge city, USA (DELAWARE)
YOU'RE BUSTIN' MY BARRS, DBACK BRIX!!!dbackjon wrote:Ivytalk wrote: Typical Guardian Brit ignoramus bullshat.
How so Esquire Ivytalk?
“I’m tired and done.” — 89Hen 3/27/22.
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Re: Welcome to tax-dodge city, USA (DELAWARE)
Which is decidely tilted in favor of the corporation over the masses, no?Ivytalk wrote:The fact is that Delaware is a home to so many public corporations because of its outstanding corporate statutes (which I have helped draft) and its best-in-the -country court system. Nevada's corporate taxes are actually lower.dbackjon wrote:
How so Esquire Ivytalk?
- dbackjon
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Re: Welcome to tax-dodge city, USA (DELAWARE)
Ivytalk wrote:YOU'RE BUSTIN' MY BARRS, DBACK BRIX!!!dbackjon wrote:
How so Esquire Ivytalk?![]()
I find real fishing to be messy, so I do my fishing on-line
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Ivytalk
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Re: Welcome to tax-dodge city, USA (DELAWARE)
Shat, dback, you sound more like Berle and Means every day!dbackjon wrote:Which is decidely tilted in favor of the corporation over the masses, no?Ivytalk wrote: The fact is that Delaware is a home to so many public corporations because of its outstanding corporate statutes (which I have helped draft) and its best-in-the -country court system. Nevada's corporate taxes are actually lower.
Those tumbleweed corporate copycats from Nevada, on the other hand, have unsophisticated judges and legalized prostitution.
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Ivytalk
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Re: Welcome to tax-dodge city, USA (DELAWARE)
You hooked a largemouth ass!dbackjon wrote:Ivytalk wrote:
YOU'RE BUSTIN' MY BARRS, DBACK BRIX!!!![]()
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I find real fishing to be messy, so I do my fishing on-line![]()
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“I’m tired and done.” — 89Hen 3/27/22.