Archived posting to the Leica Users Group, 2013/01/16
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]I need to think about that..... Where a company is based is usually a matter of taxes. Or rather non payment of taxes. Most US companies are registered in Delaware, as that state has the most protective laws on lawsuits, or so I understand. Paypal was bought by Ebay. Presumably to keep the cash it makes as it charges almost 10% for sales, plus 3$% for using Paypal. If you look at this differently, it is keeping all the monies it processes 7 times..... not too bad a return on investment, for holding MY money, and paying me no interest. They should be required to register as a bank... that would fix them..... Frank Filippone Red735i at verizon.net Luxembourg > >What Tax Haven?? California? > >The fact that paypal is hidden in a tax haven tells you all you need to >know about its honesty IMHO. >FD