Reply to post: Re: Swiss Miss Incorporation

RISC-V business: Tech foundation moving to Switzerland because of geopolitical concerns

Anonymous Coward
Anonymous Coward

Re: Swiss Miss Incorporation

"While the USA and U.K. have corporate tax rates of 35% and 28% respectively, "

Yes and? Corporate tax is *paid from profit* and non-profit corporation doesn't have any.

In US that pure theory anyway, no corporation actually pays 35% tax and typical corporate tax is exactly $0. There are so much loopholes in tax legislation that paying taxes, *any taxes*, is purely voluntary.

No profit, exactly 0 tax. In any country, in any currency.

"deep financial benefits" Like avoiding $0 of taxes. Right.

Living in Switzerland is very, very expensive and "low tax bracket" is almost irrelevant when everything costs 2*.

It would be nice if commenters engaged brain first and wrote afterwards and not the other way round.

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