[NOISY] Re: New Internet Privacy Provider - Press Release

Declan B. McCullagh declan+ at CMU.EDU
Mon Feb 12 09:12:58 PST 1996


Excerpts from internet.cypherpunks: 10-Feb-96 Re: [NOISY] Re: New
Interne.. by Vincent Cate at 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







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