Saturday, 16 April 2016
Sunday, 10 April 2016
The news reporting of the ‘Panama papers’ frequently mentions ‘letterbox companies’ (eg, see a simple Google news search). In recent academic research, the same term has also been used in a number of publications (see Google scholar search, starting 2010). But there is the potential of misunderstandings as there are at least two different types of letterbox companies, let’s call them:
- Type A: companies that do business in one country, but are incorporated with only a ‘letterbox’ in another jurisdictions.
- Type B: companies that are mere ‘special purpose entities’, ie those too merely have a ‘letterbox’ in the country of incorporation, but they only hold financial assets and are not involved in any business activity in any country.
Posted by Mathias Siems at 12:37
So I have said it. In the last couple of
I have hardly been on Twitter, this blog has been rather dormant, and my
Linkedin, Facebook etc accounts are merely passive anyway. So did I miss anything
(or did anyone miss me)? In any case, it feels good to know that it can be done
in order to spend more time with the variant of reality that is not related to
social media. mont
To answer the question, I’m not going to quit, but will only use it if I want to (which may state the obvious). So, for this blog this means that I’m not going to return the one-blog-post-per-week cycle that I had until half a year ago, but there may be a bit more activity than recently.
Posted by Mathias Siems at 12:34