[QUOTE] Easy question, hard to answer fully. There's always a difference between personal liaibility and limited liability corporates. So when you say you "have a site" then you may own the site as a personal asset or own it thru some holding in an LLC.[/QUOTE] Of course. [QUOTE] Nemo Outis may think you are in the US but as you're using a Hagersten ISP then presumably you're in Sweden, so US taxes needn't concern you.[/QUOTE] Yes, I'm in Sweden and nowhere else. I want to make sure that I understand this correctly: Unlike a corporation, a LLC pays no corporate taxes but OTOH the owners will have to pay income tax from the income they derive from it instead of having to pay capital gains tax (or something similar) which is lower. Am I correctly informed? [QUOTE] Where you or an LLC is generally accepted as making its money is largely of no significance except for assessing any tax liabilities. Unfortunately tax regulations have tried to close loopholes thru very idiosyncratic re-definition of normal words. For example, "domicile"/"resident" or "provenance"/"origin" have very different meanings in taxation to those in normal speech.[/QUOTE] How do these term differ when it comes to taxes as compared to ordinary speech? [QUOTE] Pirate Bay is an example of only partly placing assets and ownership beyond the reach of domestic and third-party jurisdiction. Domestic taxation officials seized its Swedish servers. With a few additional opaque offshore LLC arrangements using nominee directors and bearer shares, Pirate Bay may have better hidden who benefits financially from its activities.[/QUOTE] What kind of arrangements would have been better for Pirate Bay, according to you? Are advices regarding these kind of arrangements something that is easily obtained from laywers? [QUOTE] Heck, why do you need to know?[/QUOTE] Curiosity is a virtue.