Legal Question in Business Law in Colorado
incorporating
The difference in laws and taxes from incorporating in South Dakota vs Nevada
Asked on 1/02/08, 12:52 pm
1 Answer from Attorneys
Robert Murillo
Pivotal Legal Ltd.
Re: incorporating
Do not be fooled into thinking that incorporating in another state (be it Nevada, Delaware, so on) is some magic manner to avoid taxation. If your business makes money in Colorado it will be taxed by Colorado. Where you incorporate has no impact on this. Don't believe the hype and talk to professionals.
Answered on 1/06/08, 12:44 pm
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