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favorable tax laws != favorable business laws To what extent will a government go to protect your investment/property? Are you big enough where the potential f
by quizbiz 17y ago
favorable tax laws != favorable business laws
To what extent will a government go to protect your investment/property? Are you big enough where the potential for loss is an acceptable risk? If so and your business is very liquid and global then I see no problem in having an HQ elsewhere. What do you care where their HQ is? Most likely, their investors are still collecting profits in the US. The saved money from taxes drives up equity, reinvestment, research and development. Am I crazy for not caring where a business is centered? I guess I don't watch enough Lou Dobbs.
- sielskr 17y agoTo what extent will a government go to protect your investment/property? My guess is that it is better for a business to be under a common-law jurisdiction. The legal system in most of the world is of a type called civil law, as contrasted to common law, but common law tends to protect property better because property is more central to its conceptual framework. Nick Szabo argues convincingly for the superiority of common law over civil law on his blog, http://unenumerated.blogspot.com http://unenumerated.blogspot.com. One of Dubai's economic zones uses common law. (They hired a retired English judge to run the legal system in the zone.) added. Bermuda and the Cayman Islands use common law, too.
- lsc 17y agofor small companies, especially, the complexity matters as much as the rate. I know I've had months where I spent more money calculating the tax than I ended up paying in tax.