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From: JAB <here@is.invalid>
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Subject: Re: $50 billion compensation package
Date: Sat, 07 Dec 2024 10:07:20 -0600
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On Sat, 07 Dec 24 15:37:24 UTC, "W. Greenhouse"
<wgreenhouse@tilde.club> wrote:

>It's famous especially as the court that gets into a lot of corporate
>governance stuff, if you chose to incorporate in Delaware (like many big
>firms).

AI Overview

Delaware is considered a tax haven and is attractive to financial
companies due to its light taxation and business-friendly usury laws.

Delaware offers several tax benefits for businesses, including:

    No state income tax for out-of-state companies: Delaware does not
collect corporate taxes from companies that are formed in Delaware but
do not conduct business in the state. 

No state sales tax: Delaware does not have a state sales tax. 
Low franchise tax for small businesses: Delaware has a low franchise
tax for small businesses. 

No tax on royalty payments or intangible assets: Delaware does not tax
royalty payments or other intangible assets to business owners. 

No tax on stock shares owned by out-of-state people: Delaware does not
tax stock shares owned by people outside of Delaware.