
17 Dec
2003
17 Dec
'03
11:17 p.m.
At 6:57 PM -0400 on 10/6/98, Petro wrote:>
Who owns the patents, Digicash, or Chaum?> DigiCash, Inc., of the US of A, not DigiCash BV, of the Netherlands.> Cheers,> Bob Hettinga
Uhm, strange: I thought that the main attraction of a Dutch company was the lack of withholding tax on royalty payments made to non-residents, that, combined with the tax treaties between The Netherlands and most countries (which allow tax-free payment from those countries to the Dutch company), makes it an ideal vehicle to receive royalties on a (almost) tax-free basis. But if the patents were held by Digicash Inc., what was the point of having Digicash BV? Enzo