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It's somewhat interesting (or just entertaining) that things large corporations have been doing for ages are gaining new attention because we can throw Apple's
by tvon 14y ago
It's somewhat interesting (or just entertaining) that things large corporations have been doing for ages are gaining new attention because we can throw Apple's name into the mix.
- cooldeal 14y agoIt does change the scale of things materially because of Apple's high profits compared to other large organizations that you talk about.
- jlarocco 14y agoNot really. Companies of every size have been taking advantage of stuff like this for decades. Stuff like Delaware's corporation laws [1] are pretty well known. It's common sense, really. Why would anybody pay more taxes than they had to? https://en.wikipedia.org/wiki/Delaware_General_Corporation_Law https://en.wikipedia.org/wiki/Delaware_General_Corporation_L....
- nirvdrum 14y agoUnless I'm grossly mistaken, there's no tax benefit to incorporating in Delaware. Their franchise tax is actually pretty high. The reason to incorporate there has to do with reducing legal costs, AFAIK, which is a separate matter.