On Sun, 16 Dec 2012 14:51:20 +0100, Joseph Ottinger
<j...@enigmastation.com> wrote:
Plus, the idea of the government being a de facto shareholder sounds like
some of the nastier governmental systems from the last hundred years.
I think that Kevin was thinking of a sort of "partial" shareholding, that
is that 5% would only entitle to have a fraction of dividends, but not
decision making.
In any case, Kevin, are you sure it would work? When I was member of a
real corporate (*), more than ten years ago, there was a taxation on
dividends bigger than 35%. Part of the usual tax avoidance practices was
to minimize dividends. Ok, this was for small/medium corporates without
stocks; I understand that it's a very different scenario.
(*) I'm referring to a corporate were there were more than one owner,
employees, etc... My current Tidalwave is a real corporation from the
point of the view of the law, but it's just me (no other owners, no
employees). It's a stupid thing that I was forced to do as a "wrapper"
around my freelance activities, since in my stupid country there are
stupid laws about employment that prevent me from having long-running
contracts (longer than a few months) with the same customer.
--
Fabrizio Giudici - Java Architect @ Tidalwave s.a.s.
"We make Java work. Everywhere."
http://tidalwave.it/fabrizio/blog - fabrizio.giud...@tidalwave.it
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