On Thu, Nov 19, 2015, at 19:06, Sascha Luck [ml] wrote:
The next obvious loophole is that one could create a dozen limited companies (depending on the jurisdiction this is an exercise in bureaucracy rather than very expensive) and open one LIR each, then one "buys" all the others. Will this, then, be banned too? Any other restrictions on what legal form a LIR can take or what business transactions are allowed? I would like to know what to plan for and whether to even stay in the Internet business.
In most (?? all ??) countries there is some thing called tax administration or fiscal administration that may randomly intervene, and when they do, they usually end up inflicting random amount of damage. For those that don't like the "random amount of damage" part, they usually spend unreasonable amount of time, effort and/or money on bureaucratic and legal services. With the financial part added, I find that it makes a decent barrier to abuse. -- Radu-Adrian FEURDEAN fr.ccs