InvestorsHub Logo
Followers 1
Posts 221
Boards Moderated 0
Alias Born 04/08/2004

Re: fung_derf post# 51579

Wednesday, 07/14/2004 2:12:46 PM

Wednesday, July 14, 2004 2:12:46 PM

Post# of 358523
i'm not sure if i expressed it correctly.. the point is, it is legal to take ur buisness off shore for a tax break only because it hasnt been explicitly made illegal.. but if u wana define evading.. running to another country to avoid is the definition of it.

most of the short sellin scheemes involve overseas companies, and loans leveraged against the starving victem company for coverages of that short. assuming this is a reality.. and no one realized Urban was from a rich family. they may have tried to press him to take the loan and cover their short, unsuccessfully.. i would like that... heh.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.