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Microcap & Penny Stocks : CSHK CASHCO MANAGEMENT Y2K
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To: Janice Shell who wrote (3245)5/29/1998 10:59:00 AM
From: Larry Voyles  Read Replies (1) of 7491
 
Multiple incorporation possibilities:

1) Registration as a foreign corporation. Different states have different registration requirements for foreign corporations.

2) Avoidance of franchise taxes as a foreign corporation. If you do substantial business in a given state, this could save some pocket change.

3) Avoidance of other taxes on foreign corporations. There are sometimes advantages on inventory and property taxes to be had.

There are a multitude of other mundane reasons that a lawyer could spell out.
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