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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!!

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.

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.

Has Obama written all over it.

Wedgebuster 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.

Has Obama written all over it.

More like Ivytalk

dbackjon wrote:

Wedgebuster wrote:
Has Obama written all over it.

More like Ivytalk

I was most concerned about the chicken.

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!!

Typical Guardian Brit ignoramus bullshat.

Ivytalk wrote:

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!!

Typical Guardian Brit ignoramus bullshat.

How so Esquire Ivytalk?

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!

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!

Every state has a building that is the home to 200K companies?

dbackjon wrote:

Ivytalk wrote: Typical Guardian Brit ignoramus bullshat.

How so Esquire Ivytalk?

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:

dback, don't be a dolt. It's a freakin' registered agent for service of process, The Corporation Trust Company. EVERY STATE HAS THEM!

Every state has a building that is the home to 200K companies?

Most of them are small, 1000-share mom-and-pops. SMFH.

dbackjon wrote:

Ivytalk wrote: Typical Guardian Brit ignoramus bullshat.

How so Esquire Ivytalk?

YOU'RE BUSTIN' MY BARRS, DBACK BRIX!!!

Ivytalk wrote:

dbackjon wrote:

How so Esquire Ivytalk?

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.

Which is decidely tilted in favor of the corporation over the masses, no?

Ivytalk wrote:

dbackjon wrote:

How so Esquire Ivytalk?

YOU'RE BUSTIN' MY BARRS, DBACK BRIX!!!

I find real fishing to be messy, so I do my fishing on-line

dbackjon wrote:

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.

Which is decidely tilted in favor of the corporation over the masses, no?

Shat, dback, you sound more like Berle and Means every day! Delaware law is very balanced. This year, we passed some new ballot-access amendments, and the case law is very evenhanded.

Those tumbleweed corporate copycats from Nevada, on the other hand, have unsophisticated judges and legalized prostitution.

dbackjon wrote:

Ivytalk wrote:
YOU'RE BUSTIN' MY BARRS, DBACK BRIX!!!

I find real fishing to be messy, so I do my fishing on-line

You hooked a largemouth ass!