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"It's benefiting from the US structure indirectly. Investors into the fund are definitely benefiting from the US social structure and hence the fund is also benefiting."

So, have you been paying your taxes to Germany, Canada, the UK, and the rest of the world?



No, because the fund has a choice of being established in US or Cayman Islands. Not, Germany, Canada, UK.


I'm talking about you.

You said the fund should pay taxes to the US because it "indirectly benefits from the US social structure".

By that logic, you should be paying taxes to all the countries whose "social structure" you indirectly benefit from.


>the fund has a choice of being established in US or Cayman Islands. Not, Germany, Canada, UK.

Why? As far as I can see, two people who are neither US citizens nor US residents are setting up a Cayman fund. What exactly does this have to do with the US?


OK my mistake, I didn't realize they were from the UK. Replace US with UK and my comments still apply.




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