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Indeed, and lots of companies have shells in Delaware. Because its lower taxes & "better" company law.
by KaiserPro 7y ago
Indeed, and lots of companies have shells in Delaware. Because its lower taxes & "better" company law.
- vonmoltke 7y ago> Because its lower taxes Lower taxes is irrelevant unless all your operations are in Delaware. It's a great trick for IP holding "companies" that are just a couple lawyers in Wilmington, but otherwise you are paying taxes to whatever states you actually generate revenue in anyway.