[49851] in Cypherpunks
Re: [NOISY] Re: New Internet Privacy Provider - Press Release
daemon@ATHENA.MIT.EDU (Declan B. McCullagh)
Mon Feb 12 01:11:29 1996
Date: Mon, 12 Feb 1996 01:07:37 -0500 (EST)
From: "Declan B. McCullagh" <declan+@CMU.EDU>
To: cypherpunks@toad.com, Vincent Cate <vince@offshore.com.ai>
Cc:
In-Reply-To: <Pine.LNX.3.91.960210231501.1339B-100000@online.offshore.com.ai>
Excerpts from internet.cypherpunks: 10-Feb-96 Re: [NOISY] Re: New
Interne.. by Vincent Cate@offshore.co
> 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.
Thanks, Vincent, for a well-reasoned reply.
While I'm not likely to sign up in the near future -- unless the
situation here worsens dramatically -- I wish you well with your
attempts to solicit businesses as customers. Good luck!
-Declan
