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Easily gamed: the big company creates a new, tiny company that owns assets but is buried in debt and loopholes any such regulation.
by bsenftner 5y ago
Easily gamed: the big company creates a new, tiny company that owns assets but is buried in debt and loopholes any such regulation.
- verve_rat 5y agoNah, a wholly owned subsidiary is not a magic shield against legal liability. Legislation with phrases like "beneficial ownership" can fix that stuff.