Re:“This is why I use ad blockers and a pi-hole server”
by chrisrhoden on Thursday January 23, 2020 @09:04AM
(#22127570)
It's also an extremely common place to set up a legitimate business.
> More than 50% of all U.S. publicly traded companies and 63% of the Fortune 500 are incorporated in Delaware.
Re:“This is why I use ad blockers and a pi-hole server”
by JohnFen on Thursday January 23, 2020 @04:57PM
(#22132655)
Delaware is used as the base for a lot of corporations of all stripes. It's because they provide an enormous tax advantage.
I actually had an argument with my business attorney about this many years ago. He wanted me to incorporate in Delaware for the tax benefit. I wanted to incorporate in my own state because that's the right thing to do.
This sets off my spidey sense. Delaware is known to be a hot bed of fly-by-night corporations and front companies used exclusively for shady dealings[1]. I'm not saying that's the case here, but proceed w/ caution.
[1] https://www.transparency.org/news/feature/delaware_the_us_co...