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Old 05-26-2007, 02:29 PM  
CWeb
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Join Date: May 2007
Posts: 245
BTW... On the amusing side...

There are all kinds of possible scenarios which can be used to limit intrusion.. Not saying this applies in the PayPal instance, but is not unusual where there may be possible attempted jurisdictional abuse.

A corp in one jurisdiction can simply give rights to trade is name/copyright stuff and eg "software tools" etc to a corp in another jurisdiction - for $X thousand dollars/month. In effect - a leasing contract.

The corp in the other juridisdiction is obliged for follow the laws of that jurisdiction and has a different set of directors. That corp is not "beholden" to anyone other than it's clients/shareholders and the govt under whose laws it operates - as long as it pays it's $X/month to it's "leasing company".

The profits the corp may generate is a matter for the directors to handle in whatever way they see fit - these do not necessarily have to be passed back to the "leasing company", but can be invested wherever to the benefit of shareholders in that entity.

The problem here is we have no damned clue about what Paypal's personal biz is and they sure as hell are not going to be discussing it with anyone - and who cares? But hey! - it's GFY :-)
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