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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 |
What content have you produced that has been stolen ?
What have you done to support anti piracy measures ? |
Tax reasons obviously
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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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Luxemburg has excellent tax and banking privacy laws. If I wasn't living in the US I would register my corp there. .:2 cents: |
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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 :Oh crap |
Luxemburg is oldskool.. things stay secret.
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edit: nevermind, was thinking of lichtenstein. Tax rates aren't that low there.
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When you want to hide your owners and your money, you use a place like Luxembourg.
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Better climate.
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I would guess taxes and less hassle than in Germany.
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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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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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:thumbsup |
Don't hate ...
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