[49761] in Cypherpunks

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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

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