Submitted by giteam t3_11lsrt1 in dataisbeautiful
Obvious_Chapter2082 t1_jbhazs9 wrote
Reply to comment by Cakeking7878 in [OC] NVIDIA's FY22 income statement by giteam
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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