[splix]

I bet it isn't always the case too, right? I actually wanted to say that the fact of owning a foreign corp doesn't mean anything. It may be used to avoid some taxes, or may not.

I can even give opposite examples, like when someone comes to the US to run a startup in California. For the country of their origin they definitely opened an offshore corp (in the US in this case) and don't pay taxes on it (they still pay to the US gov though). It's just more convenient to have a US corp rather that a corp in their home country, and not because of taxes which may be higher in the US.