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Old 09-24-2012, 11:23 AM   #1
Cystomatic
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Why did Manwin register their company in Luxembourg?

I've asked myself this a lot of times, why did they choose Luxembourg?

inb4 because they are fat fucks
inb4 because they steal our content
inb4 because they are gay
inb4 inb4
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Old 09-24-2012, 11:42 AM   #2
AdultKing
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What content have you produced that has been stolen ?

What have you done to support anti piracy measures ?
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Old 09-24-2012, 11:45 AM   #3
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Tax reasons obviously
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Old 09-24-2012, 11:46 AM   #4
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Originally Posted by Cystomatic View Post
I've asked myself this a lot of times, why did they choose Luxembourg?

inb4 because they are fat fucks
inb4 because they steal our content
inb4 because they are gay
inb4 inb4
Where do you think they should have registered their company?
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Old 09-24-2012, 11:55 AM   #5
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In Colombia. Every corp reg comes with a free "key". Thats what Crockett and Tubbs tell me.
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Old 09-24-2012, 12:06 PM   #6
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Quote:
Originally Posted by Markul View Post
Tax reasons obviously
Ding Ding Ding! We have a winner.

Luxemburg has excellent tax and banking privacy laws. If I wasn't living in the US I would register my corp there.



.
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Old 09-24-2012, 12:07 PM   #7
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Where do you think they should have registered their company?
Liechtenstein, Cyprus, Seychelles,...

There are a lot of tax heaven's. I just thought that corporate tax in Luxembourg is around 20% or what?

I don't know, that's why I asked
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Old 09-24-2012, 12:08 PM   #8
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Luxemburg is oldskool.. things stay secret.
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Old 09-24-2012, 12:11 PM   #9
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Quote:
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Tax reasons obviously
Obvious to you, but not to the average GFY tard.
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Old 09-24-2012, 12:12 PM   #10
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Liechtenstein, Cyprus, Seychelles,...

There are a lot of tax heaven's. I just thought that corporate tax in Luxembourg is around 20% or what?

I don't know, that's why I asked
Some of the tax haven countries with higher taxes have tax treaties with other countries which means you can legally declare your companies income in your country of residence.
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Old 09-24-2012, 12:16 PM   #11
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edit: nevermind, was thinking of lichtenstein. Tax rates aren't that low there.

Last edited by k0nr4d; 09-24-2012 at 12:17 PM..
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Old 09-24-2012, 12:37 PM   #12
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Quote:
Originally Posted by sperbonzo View Post
Ding Ding Ding! We have a winner.

Luxemburg has excellent tax and banking privacy laws. If I wasn't living in the US I would register my corp there.



.
Why not? Billionaires do it all the time.
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Old 09-24-2012, 01:15 PM   #13
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http://www.doingbusiness.org/data/ex...es/luxembourg/

Ok luxembourg actually seems awesome.
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Old 09-24-2012, 01:50 PM   #14
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When you want to hide your owners and your money, you use a place like Luxembourg.
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Old 09-24-2012, 01:59 PM   #15
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Better climate.
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Old 09-24-2012, 02:03 PM   #16
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I would guess taxes and less hassle than in Germany.
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Old 09-24-2012, 02:19 PM   #17
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Wasn't the latest big .xxx sale for a few premium names also from a luxembourg company?
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Old 09-24-2012, 04:49 PM   #18
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The privacy aspect most here mentioned is probably only part of it.

Lux has some great rules when it comes to income from certain types of IP (including domains, brands etc). You basically don't pay taxes on 80% of that income.
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Old 09-24-2012, 04:50 PM   #19
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Quote:
Originally Posted by sperbonzo View Post
Ding Ding Ding! We have a winner.

Luxemburg has excellent tax and banking privacy laws. If I wasn't living in the US I would register my corp there.
Good looking out jew. Good information to have. Appreciate it.

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Old 09-24-2012, 04:51 PM   #20
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Don't hate ...
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