Delaware as an acronym
Allegedly Delaware gets so much revenue from various fees corporations pay it does not need to tax out-of-state fees. There are also non-tax-related benefits of incorporating there. With all that, I don't suppose the state is dubbed “Dollars and Euros Laundered And Washed At Reasonable Expense” for nothing.
To be fair, the UK is not without blemish, either...
Biting the hand that feeds IT
