why is creating a shell corp better? Such as Meta, Alphabet, X Corp etc?

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why is creating a shell corp better? Such as Meta, Alphabet, X Corp etc?

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Anonymous 0 Comments

I’m not sure I understand your question? Shell companies are inactive companies used for financial manoeuvring. Often illegal or immoral things like tax dodging.

Meta and Alphabet are holding companies. Companies that own more companies. These are used to protect the company and investors. The various companies owned by a holding company cannot be held liable for another’s debt. So if Facebook got sued for 100 billion and couldn’t pay it, Instagram wouldn’t have to pay the rest.

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