3 ms·
I wonder if it's a structural problem: if the problem is that the parent incorporation is in the US rather than the US incorporation being a subsidiary of a ho
by wheels 15y ago
I wonder if it's a structural problem: if the problem is that the parent incorporation is in the US rather than the US incorporation being a subsidiary of a holding company in e.g. the Cayman Islands. That seems like it'd be a solvable, if massively annoying problem.
- nkassis 15y agoGood point,it would also be interesting to know if this affects any business that does business in the US or only US based. My bet is it's the former (I am not a lawyer). Just because of the loophole you exposed. Think of all the foreign banks.