Ltd liability comes with the quid pro quo of transparency. Thanks to @OECDtax @TaxJusticeNet & others, this basic principle is starting to be updated for the modern world.https://twitter.com/TaxJusticeNet/status/1021760644729790464 …
Although transparency as quid pro quo for Ltd liability not in the US. (and other places). So not a universal principle
-
-
Sorry for slow reply: off line, on leave. V interesting point. Is there a simple intro to the quid pro quo in the US? Do you think it's reasonable for society to require transparency of ownership in exchange for ltd liability, as a general principle?
-
https://www.jonesday.com/Public_Disclosure_Requirements/ … -- it think its reasonable but not universal, so it is not accepted as a general principle.
- 1 more reply
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.