Sunday, June 14, 2009

#really? 14. Virtual corporations

"Corporations in the Information Age will increasingly become “virtual corporations” – bundles of contracting relations without any material reality, and perhaps without physical assets. The virtual corporation should be domiciled with an offshore trust to minimize tax liabilities."

This is another of the controversial implications from The Sovereign Individual: Mastering the Transition to the Information Age by James Dale Davidson & Lord William Rees-Mogg, Simon & Schuster, 1997

Is it really so?

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