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Subject Author Date
Nevada Corporation Dick Adams 03-05-2008
`--> Re: Nevada Corporation Stuart Bronstei...03-05-2008
Posted by Dick Adams on March 5, 2008, 4:30 pm
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 Two guys in Illinois formed a Nevada Corporation
claiming it had tax advantages and lower fees.

Anyone aware of tax advantages for corporations
registered but not operating in Nevada?

Dick

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Posted by Harlan Lunsford on March 5, 2008, 5:03 pm
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 Dick Adams wrote:
> Two guys in Illinois formed a Nevada Corporation
> claiming it had tax advantages and lower fees.
>
> Anyone aware of tax advantages for corporations
> registered but not operating in Nevada?
>
> Dick
>
None AT ALL! And that is because they will still have to register in
the state in which they do business, probably Illinois, right?
So much for the lower fees.

ChEAr$,
Harlan Lunsford, EA n LA

--
<< ------------------------------------------------------- >>
<< The foregoing was not intended or written to be used, >>
<< nor can it used, for the purpose of avoiding penalties >>
<< that may be imposed upon the taxpayer. >>
<< >>
<< The Charter and the Guidelines for submitting posts >>
<< to this newsgroup as well as our anti-spamming policy >>
<< are at www.asktax.org. >>
<< Copyright (2007) - All rights reserved. >>
<< ------------------------------------------------------- >>

Posted by Phil Marti on March 5, 2008, 5:54 pm
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"Dick Adams" wrote:

> Two guys in Illinois formed a Nevada Corporation
> claiming it had tax advantages and lower fees.
>
> Anyone aware of tax advantages for corporations
> registered but not operating in Nevada?

Lots of benefits to the Nevada treasury and the hustlers who sell this
stuff, but absolutely none to the taxpayer.

--
Phil Marti
Clarksburg, MD

--
<< ------------------------------------------------------- >>
<< The foregoing was not intended or written to be used, >>
<< nor can it used, for the purpose of avoiding penalties >>
<< that may be imposed upon the taxpayer. >>
<< >>
<< The Charter and the Guidelines for submitting posts >>
<< to this newsgroup as well as our anti-spamming policy >>
<< are at www.asktax.org. >>
<< Copyright (2007) - All rights reserved. >>
<< ------------------------------------------------------- >>

Posted by Stuart Bronstein on March 5, 2008, 7:34 pm
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> "Dick Adams" wrote:
>
>> Two guys in Illinois formed a Nevada Corporation
>> claiming it had tax advantages and lower fees.
>>
>> Anyone aware of tax advantages for corporations
>> registered but not operating in Nevada?
>
> Lots of benefits to the Nevada treasury and the hustlers who sell
> this stuff, but absolutely none to the taxpayer.

Can't you even write off your trips to Vegas on the grounds that you're
visiting company headquarters? ;-)

Stu

--
<< ------------------------------------------------------- >>
<< The foregoing was not intended or written to be used, >>
<< nor can it used, for the purpose of avoiding penalties >>
<< that may be imposed upon the taxpayer. >>
<< >>
<< The Charter and the Guidelines for submitting posts >>
<< to this newsgroup as well as our anti-spamming policy >>
<< are at www.asktax.org. >>
<< Copyright (2007) - All rights reserved. >>
<< ------------------------------------------------------- >>

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