No its about trying to pay less tax. It will cost more in fees etc. | Hacker News

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justincormack on Sept 14, 2011 | parent | context | favorite | on: Opening a Delaware Corporation: an Incorporation G...

No its about trying to pay less tax. It will cost more in fees etc.

chaostheory on Sept 14, 2011 [–]

If I understood you correctly, I don't believe either Nevada or Wyoming have state income tax. Though in the case of Nevada, given its state deficit, this may or may not change in the future.

justincormack on Sept 14, 2011 | [–]

No its the corporation tax for firms not actually operating there but that are Delaware registered. Income tax depends on where you earn it.

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