Re: $50 billion compensation package

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.