Podcast: Wiki Walks (LS 34 · TOP 5% what is this?)
Episode: Ep.20 – The Tiny Building with 285,000 Businesses Inside
Pub date: 2020-06-23

Notes from The Listener:

Short monologues about the curiosities or “huh, who knew?” pages to be found on Wikipedia. This one focuses on a single, unremarkable building in Delaware, US, which thanks to a tax loophole is technically the registered home something like 285,000 businesses. The so called "Delaware loophole", which originated in a law passed in 1899, allows companies to pay a lower rate of tax, charge higher rates of interest on loans, and in some cases keep the identities of directors and personnel hidden

Episode Notes Thanks to some beneficial corporate tax laws in the state, one forgettably single story building in Delaware is the legal home to nearly ever large US company you've ever heard of....in fact, over 285,000 businesses call this little shabby office home.

https://en.wikipedia.org/wiki/Corporation_Trust_Center_(CT_Corporation)

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