[49761] in Cypherpunks
Re: [NOISY] Re: New Internet Privacy Provider - Press Release
daemon@ATHENA.MIT.EDU (Vincent Cate)
Sat Feb 10 22:36:18 1996
Date: Sat, 10 Feb 1996 23:32:03 -0400 (GMT-0400)
From: Vincent Cate <vince@offshore.com.ai>
To: "Declan B. McCullagh" <declan+@CMU.EDU>
Cc: cypherpunks@toad.com
In-Reply-To: <0l7GNu200bk=4YzNJr@andrew.cmu.edu>
> Thanks, but no thanks. I don't need a shell account at $1,200 a year.
It is clearly not for everyone. However, someone running a
business over the net should really think about how much they pay
in taxes to see if forming an offshore corporation and getting an
offshore web-site makes sense.
Basically if a net business is paying more in taxes than the extra
costs to operate an offshore corporation it can pay to relocate.
The operating costs are the web-site/email $1,200/year and about
$500/year to maintain a corporation (~$1,000 first year). So even
a small business can justify the move.
-- Vince