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A company's incorporation location has nothing to do with where it does business. And what goodies does Texas give out? Like the ones that Disney got?
by dkjaudyeqooe 2y ago
A company's incorporation location has nothing to do with where it does business.
And what goodies does Texas give out? Like the ones that Disney got?
- inetknght 2y ago> A company's incorporation location has nothing to do with where it does business. That's honestly a really big problem.
- JumpCrisscross 2y ago> honestly a really big problem Why? Every business is going to be where its customers are not to some degree. That’s just fundamental to trade and, like, hadrons.
- inetknght 2y ago> Why? > > Every business is going to be where its customers are not to some degree. Every business should be prepared to deal with legal issues in whatever jurisdiction they're doing business in. Being incorporated somewhere else to avoid or prefer laws (such as taxes, or employment, or shareholders) is therefore reprehensible. If you go to a different state and break the laws there, you can't magically claim that a different state has jurisdiction just because that's where you were born. Alas, that's exactly what businesses seem to have and abuse.
- JumpCrisscross 2y ago> If you go to a different state and break the laws there, you can't magically claim that a different state has jurisdiction Yes. This is how it works. > that's exactly what businesses seem to have It really isn’t.
- JumpCrisscross 2y ago> what goodies does Texas give out? Like the ones that Disney got? Yup. Texas gives out tax breaks and grants more freely than Nevada. Its governor and AG are also more powerful, which is nice if they’re on your side.