Skip to content

Comment on Bay Area as a City Stateparent

Comments

"Google is incorporated in Delaware. Apple (through Braeburn Capital since the mid-2000s) manages most of its assets in Nevada. They're not paying state corporate income taxes to anyone, let alone California. "

I don't think this is entirely correct as it's a misconception about what it means to incorporate in Delaware. Foreign companies operating in California (and other states) pay taxes there.

There are ways to use Delaware and Nevada to pay less in state taxes, but simply being incorporated there is not one of them, and they are still definitely paying state taxes to Georgia.

AboutSource Built by g1lg1l

Hackerly is an independent reader for Hacker News, built on the public HN API. Not affiliated with Y Combinator.