LogFAQs > #948772302

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Topic	What's that place where rich people put their money...
BUMPED2002 12/26/20 10:20:38 AM #21:	HornedLion posted... To avoid taxes? I think its an island or something. Cayman island is one and they also create shell companies with no names attached. Corporations register their companies HQs in countries with no very low or corporate taxes. Ireland is one I know of. Creating a sole proprietorship, partnership, S corporation, trust or estate to avoid their tax responsibility. --- SpankageBros <cite>BUMPED2002 posted [p:948772302] in What's tha... [t:79199122]...</cite> <quote>HornedLion posted... </cite> <quote>To avoid taxes? I think its an island or something.</quote>Cayman island is one and they also create shell companies with no names attached. Corporations register their companies HQs in countries with no very low or corporate taxes. Ireland is one I know of. Creating a sole proprietorship, partnership, S corporation, trust or estate to avoid their tax responsibility. --- SpankageBros</quote> ... Copied to Clipboard!
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