[QUOTE]\nEasy question, hard to answer fully. There's always a difference\nbetween personal liaibility and limited liability corporates. So when\nyou say you "have a site" then you may own the site as a personal\nasset or own it thru some holding in an LLC.[/QUOTE]\n\nOf course.\n\n[QUOTE]\nNemo Outis may think you are in the US but as you're using a Hagersten\nISP then presumably you're in Sweden, so US taxes needn't concern you.[/QUOTE]\n\nYes, I'm in Sweden and nowhere else.\n\nI want to make sure that I understand this correctly: Unlike a\ncorporation, a LLC pays no corporate taxes but OTOH the owners will\nhave to pay income tax from the income they derive from it instead of\nhaving to pay capital gains tax (or something similar) which is lower.\nAm I correctly informed?\n\n[QUOTE]\nWhere you or an LLC is generally accepted as making its money is\nlargely of no significance except for assessing any tax liabilities. \nUnfortunately tax regulations have tried to close loopholes thru very\nidiosyncratic re-definition of normal words. For example,\n"domicile"/"resident" or "provenance"/"origin" have very different\nmeanings in taxation to those in normal speech.[/QUOTE]\n\nHow do these term differ when it comes to taxes as compared to\nordinary speech?\n\n[QUOTE]\nPirate Bay is an example of only partly placing assets and ownership\nbeyond the reach of domestic and third-party jurisdiction. Domestic\ntaxation officials seized its Swedish servers. With a few additional\nopaque offshore LLC arrangements using nominee directors and bearer\nshares, Pirate Bay may have better hidden who benefits financially\nfrom its activities.[/QUOTE]\n\nWhat kind of arrangements would have been better for Pirate Bay,\naccording to you? Are advices regarding these kind of arrangements\nsomething that is easily obtained from laywers?\n[QUOTE]\nHeck, why do you need to know?[/QUOTE]\n\nCuriosity is a virtue.