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Incorporation in Nevada or Wyoming might have certain advantages for certain types of
corporations - but I don't understand your point about the state refusing to cooperate
with the IRS for several reasons. First - a corporation has to file a federal income tax
return. Second - if the IRS really wanted state records - it could get them (ever hear
of a subpoena?). Third - if you're working with securities - all of your transactions
are reported to the IRS by your brokerage firm (I've never traded futures - but I assume
futures trades are reported like any other trades). Robyn
"Alan M. Abraham" wrote:
> Incorporation in Nevada or Wyoming give the most advantage. Get in touch with
> Laughlin Associates in the Nevada state capital, whose name escapes me now, and they
> will give you all the information you need. They will do the work if you want them
> to or teach you how to do it yourself. They sell incorporation services. One of the
> great advantages of Nevada is that they have no communication with the IRS. There is
> no state income tax and they have refused all efforts by the IRS to devulge state
> records on their citizens or corporations doing business from there. You can even
> designate a proxy to vote your stock for you and thus maintain anonymity completely.
> AMA
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