Sunday, April 10, 2016

How Many Corporations Can Dance on the Head of a Pin?

I don't know, but 250,000 can use the same address.

"The single-story brick building at 1209 North Orange St. in downtown Wilmington, Del., looks bland and innocuous. But the building, home to the Corporation Trust Company, has an intriguing claim to fame. In the last few years, it has served as the registered address for more than 250,000 businesses, giving companies around the world access to Delaware’s business-friendly laws."

First paragraph of a piece on how the US became a tax haven.

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