Similar to that, Delaware is the home base of many large us companies, despite being a very small state. The reason? Corporate litigation and legal proceedings are very favorable to companies there, and if they are headquartered there, lawsuits are filed in the Delaware court.
hotacorn
25 days ago
Aggressive Anti Establishment labour movement that exists independently from the Democratic Party.
Screech this kind of stuff all day long.
It’s the only long-shot hope the US has.
InvisiblePinkUnic0rn
25 days ago
-Nevada & Wyoming has entered the chat-
neither collect corporate income tax information to be shared with the IRS
Doge: Looks fine to me. Now, please move away from your workstation so I can gut any social service the government has provided in the last 50 years
ronchee1
25 days ago
etherdesign
25 days ago
This is why it’s bullshit when people say oh the billionaires will leave if you tax them too much. Who cares? They avoid paying any kind of tax they can, they don’t even keep their money in US institutions, that massive fortune is probably just being used to manipulate markets or some other fuckery. Why do we need them?
Newbguy
25 days ago
Imagine the return to work at that office.
Educational_Cup9850
25 days ago
What happens if that building burns down??
PseudoWarriorAU
25 days ago
Well come on Elon you spaz get on it.
-SQB-
25 days ago
The same goes, I’m ashamed to admit, for The Netherlands.
yajibei
25 days ago
Well to be fair, it’s not just US company avoiding taxes in the US. It’s corporation from all over the world avoiding to pay taxes.
Drunky_Brewster
25 days ago
It’s been like that for decades. The Firm was one of my favorite movies / book as a kid.
Soft-Vanilla1057
25 days ago
Isn’t this a 15 year old Obama quote?
Edit: can’t find the exact quote but:
> During last year’s US presidential campaign, Mr Obama referred to a building in the Cayman Islands that, he said, supposedly housed 12,000 US-based corporations.
“**That’s either the biggest building in the world** or the biggest tax scam in the world,” he said.
Cool, change the taxes on the Cayman Islands and force a “change of address fee” on to corporations. It won’t happen but it’s nice to dream.
Lisan_Al-NaCL
25 days ago
And in Turks And Caicos
And in The Isle Of Man
And in Malta
And In Singapore
And In Panama
.
.
.
These offshore places to register your shell accounts and route revenues offshore so they never touch North American shores are ALL OVER THE WORLD. They’ve existed for decades.
AHarryBird
25 days ago
Cayman island puts? Or was that Brazil?
And the back room deals are starting to be noticed!
Fuck dark pools.
vangela3
25 days ago
Name and shame!
itpsyche
25 days ago
Imagine those 18k letterboxes. Poor soul who has to retrieve mail there every day 🤣
tawwkz
25 days ago
Same at the Isle of Man in Europe. The rich tax cheats have destroyed western society.
strangebru
25 days ago
It’s the same reason that no Cruise Ship Companies are based in the United States. The ships are mostly “officially registered” in the Bahamas or other Caribbean islands, because of their tax rate and no OSHA regulations.
Electrical_Doctor305
25 days ago
This also happens in Delaware. Joe Biden pretty much was the credit card politician while he represented his home state. He sponsored bills that made it harder to file for bankruptcy for credit card debt.
Similar to that, Delaware is the home base of many large us companies, despite being a very small state. The reason? Corporate litigation and legal proceedings are very favorable to companies there, and if they are headquartered there, lawsuits are filed in the Delaware court.
Aggressive Anti Establishment labour movement that exists independently from the Democratic Party.
Screech this kind of stuff all day long.
It’s the only long-shot hope the US has.
-Nevada & Wyoming has entered the chat-
neither collect corporate income tax information to be shared with the IRS
https://foreignpolicy.com/2016/04/07/what-happens-to-money-in-nevada-stays-in-nevada/
121 South Church Street, George Town, Grand Cayman, Cayman Islands.
Can you imagine the mail the poor people that work there have to deal with 😳
I’ve known about the Carmen island tax haven since I was in my late teens, I’m 50 today. Surprised more folks aren’t aware of this.
This is how the rich launder their money [https://en.wikipedia.org/wiki/Panama_Papers](https://en.wikipedia.org/wiki/Panama_Papers)
Doge: Looks fine to me. Now, please move away from your workstation so I can gut any social service the government has provided in the last 50 years
This is why it’s bullshit when people say oh the billionaires will leave if you tax them too much. Who cares? They avoid paying any kind of tax they can, they don’t even keep their money in US institutions, that massive fortune is probably just being used to manipulate markets or some other fuckery. Why do we need them?
Imagine the return to work at that office.
What happens if that building burns down??
Well come on Elon you spaz get on it.
The same goes, I’m ashamed to admit, for The Netherlands.
Well to be fair, it’s not just US company avoiding taxes in the US. It’s corporation from all over the world avoiding to pay taxes.
It’s been like that for decades. The Firm was one of my favorite movies / book as a kid.
Isn’t this a 15 year old Obama quote?
Edit: can’t find the exact quote but:
> During last year’s US presidential campaign, Mr Obama referred to a building in the Cayman Islands that, he said, supposedly housed 12,000 US-based corporations.
“**That’s either the biggest building in the world** or the biggest tax scam in the world,” he said.
https://en.m.wikipedia.org/wiki/Ugland_House
But what about USAID?!?!
Cool, change the taxes on the Cayman Islands and force a “change of address fee” on to corporations. It won’t happen but it’s nice to dream.
And in Turks And Caicos
And in The Isle Of Man
And in Malta
And In Singapore
And In Panama
.
.
.
These offshore places to register your shell accounts and route revenues offshore so they never touch North American shores are ALL OVER THE WORLD. They’ve existed for decades.
Cayman island puts? Or was that Brazil?
And the back room deals are starting to be noticed!
Fuck dark pools.
Name and shame!
Imagine those 18k letterboxes. Poor soul who has to retrieve mail there every day 🤣
Same at the Isle of Man in Europe. The rich tax cheats have destroyed western society.
It’s the same reason that no Cruise Ship Companies are based in the United States. The ships are mostly “officially registered” in the Bahamas or other Caribbean islands, because of their tax rate and no OSHA regulations.
This also happens in Delaware. Joe Biden pretty much was the credit card politician while he represented his home state. He sponsored bills that made it harder to file for bankruptcy for credit card debt.
“SmARt BizNIs” – The nation’s dumbest people.