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Cakeking7878 t1_jbh9vjb wrote

Reply to comment by Obvious_Chapter2082 in [OC] NVIDIA's FY22 income statement by giteam

If your not aware, Delaware is a tax haven. One address in deleware has a few hundred thousand odd companies are registered at it

A video on it as well

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Obvious_Chapter2082 t1_jbhazs9 wrote

Most companies incorporate in Delaware for the ease of it and the legal protection, since they have a chancery court for corps

It can help tax-wise, but only with state taxes. And enough states have combined reporting laws at this point that the benefit is pretty thin anyways

In either case, Nvidia’s state taxes here are a very negligible portion of their tax expense

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