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They'll have their cost centers in places like NY and London incorporated separately, making consistent losses, and then the arm doing actual trading will be in
by nly 4y ago
They'll have their cost centers in places like NY and London incorporated separately, making consistent losses, and then the arm doing actual trading will be in Bermuda or somewhere with 0% business tax.
- red2awn 4y agoUnder this structure, how are trading profits shifted to the cost centres to pay for operating expenses?
- JonChesterfield 4y agoLicensing IP would probably do it. Oh, the other direction - just make some returns in the place with operating costs.