Replies

To: AntiGuv

Couldn't a company move its headquarters there and enjoy paying no taxes?

10 posted on 01/08/2007 12:15:21 AM PST by LukeL (Never let the enemy pick the battle site. (Gen. George S. Patton))

To: LukeL

Yeah, but only on the income earned there.

55 posted on 01/08/2007 5:02:31 AM PST by Mr. Lucky

To: LukeL

Couldn't a company move its headquarters there and enjoy paying no taxes?

Absolutely. But they move to a more hospital climate instead. Bermuda, the Caymans, the Netherlands Antilles, etc.

58 posted on 01/08/2007 5:24:13 AM PST by 1rudeboy

To: LukeL

Nope. It's not a real country. The guy who owns it claims it is a tax haven.

But's it's really just a loony in a rusty shack.

64 posted on 01/08/2007 5:54:39 AM PST by wideawake

To: LukeL

or better yet just HOST a P.O. box there for companies from all over the place to declare there home base there and skip trillions in taxes.

89 posted on 01/08/2007 3:04:31 PM PST by Mr. K (Some days even my lucky rocketship underpants don't help...)

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