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YCombinator accepts Cayman Islands LTDs and LLCs too IIRC. It's not always about dirty deals of trafficking substances and arms, it's honestly desirable for a
by JumpinJack_Cash 3y ago
YCombinator accepts Cayman Islands LTDs and LLCs too IIRC.
It's not always about dirty deals of trafficking substances and arms, it's honestly desirable for a corporation to be located in a tax neutral jurisdiction and then the various owners can vote with their feet where to locate themselves according to their individual preferences.
The inevitability of death and the fact that you can't take money with you (and also the fact that people accostumed to a certain lifestyle would find their life pretty lacking in a 0% tax country) would compel the aforementioned owners to cash out and start spending at some time and then non-0% tax countries would get their fair share tax on their capital gains, income as well as consumption.
If a guy never cashes out and never spends, then what can you do? They are just monodimensional, obsessed individuals, perhaps heavily on the spectrum too, that's their tax right there, not a monetary tax but still a huge tax and a heavy burden that they "paid" throughout their lifetime.
- deleted 3y ago[deleted]
- tomrod 3y ago> that's their tax right there, not a monetary tax That's not how taxation works.
- heroprotagonist 3y ago> perhaps heavily on the spectrum too That's not how autism works.
- wizzwizz4 3y ago> They are just monodimensional, That's not how linear algebra works.