$56bn reasons to show autonomy

SpaceX, Twitter and electric car maker Tesla chief executive Elon Musk. 

Photo credit: File Photo | AFP

Someone recently shared with me a breaking story coming out of the company incorporation heaven of Delaware in the United States. Delaware is reputed to have a business-friendly legal and tax framework, which has made it attractive for many companies to incorporate themselves there.

One such company is the electronic vehicle (EV) manufacturer Tesla, associated with the legendary South African billionaire Elon Musk.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.