Dean Heller
Nevada Secretary of State

Corporate Information


Why Incorporate in Nevada?


  • No Corporate Income Tax (I'm Lying! Incorporating
    in Nevada in no way prevents Federal Corporate Income
    tax, nor does a mere Nevada corporate charter eliminate
    State income taxes where your operations are
    physically located, where you reside, or where you have
    tangible assets such as an office or automobile.)

  • No Taxes on Corporate Shares (I'm Lying! Once the
    Nevada corporation is registered in your home State as a
    foreign corp. the fees will be equal to, or in some cases
    even greater than, regular domestic corporations in your
    home State.)

  • No Franchise Tax (I'm Lying! Same as above.)
  • No Personal Income Tax (I'm Lying!  Wages,
    Dividends and Fees paid to yourself as the owner are subject
    to taxes by the IRS and by most every State where your
    operations caused "nexus" - and also by your State of
    Residence.)

  • No I.R.S. Information Sharing Agreement (Technically
    this may be true, but unless you have a bevy of high-paid
    attorneys to
    enforce your own personal rights to privacy, 
    when the IRS
    suspects that your NV corporation is trying
    to hide
    information from the IRS they will make your life
    one
    living hell until you, as the shareholder, give-up all
    information, bank records, your fellow shareholders,
    consultants, friends, and associates.)

  • Nominal Annual Fees
  • Minimal Reporting and Disclosure Requirements
  • Stockholders are not Public Record

Additional Advantages


 


This is a parody site.  The real site is located at: http://sos.state.nv.us/comm_rec/whyinc.htm

Their replacement site is located at: http://sos.state.nv.us/business/comm_rec/whyinc.asp

 


 

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