[Poohbah]

I say again, "Then they are NOT an American corporation". Whine all you like, but they are not an American corporation.

So having a maildrop in Bermuda means that the company isn't American, despite the vast majority of its operations (and ALL of its actual headquarters operations) being conducted in America?

[jpsb]

Yup, if I change my citizenship to avoid taxes, which is what these offshore corporations do, am I still an American? Nope, I am no longer a US citizen, and nether is this corporation since it changed it's corporate citizenship.