I really don't trust your definition of sketchy as hell and don't want it to have legal or normative force.

creatonez 3 hours ago | parent | next [-]

For-profit companies jurisdiction shopping without any physical presence is so clearly sketchy that it's wild anyone could see it otherwise. I can't imagine a normal person not being shocked in disbelief when they first learn about the concept of tax havens.

▲

kube-system 2 hours ago | parent [-]

Maybe when it’s Panama. But there is not a single sketchy reason why companies choose to incorporate in Delaware, for instance.

There are very legitimate reasons to incorporate in another location. Some are not only not sketchy, but even altruistic, e.g. incorporating in another state for the purpose of incorporating as a PBC.

	▲	lenerdenator 24 minutes ago \| parent [-]
		What are the altruistic aspects of operating a corporate entity that effectively operates as a casino where you can bet on literally anything? Did they incorporate as a PBC? Is there actual case law of people using a company's status as a PBC to effectively hold it to account for detrimental corporate conduct?

▲

otterley 3 hours ago | parent | prev | next [-]

You haven't heard their definition yet.

▲

nullsanity an hour ago | parent | prev [-]

[dead]