They'll have their cost centers in places like NY and London incorporated separa... | Hacker News

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		nly on Aug 2, 2022 \| parent \| context \| favorite \| on: Understanding Jane Street They'll have their cost centers in places like NY and London incorporated separately, making consistent losses, and then the arm doing actual trading will be in Bermuda or somewhere with 0% business tax.

red2awn on Aug 2, 2022 [–]

Under this structure, how are trading profits shifted to the cost centres to pay for operating expenses?

JonChesterfield on Aug 2, 2022 | [–]

Licensing IP would probably do it. Oh, the other direction - just make some returns in the place with operating costs.

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