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- Dummy_corporation abstract "A dummy corporation or dummy company is an entity created to serve as a front or cover for one or more companies. It can have the appearance of being real (logo, website, and sometimes employing actual staff such as for public relations), but lacks the capacity to function independently. The goal of a dummy corporation can be to conceal true ownership and/or avoid taxes.[citation needed] A dummy corporation is one way to cook the books in a dishonest attempt to hide the true financial status of a company. Another use is to prevent speculators from interfering with the holding organization's plans.An example of a dummy company is the now-defunct Japan Asia Airways (JAA). JAA was created in 1975 as a fully owned subsidiary company owned by Japan Airlines (JAL) designed to fly the Japan-Taiwan route, which was a politically sensitive issue due to Japan's normalization of relations with the People's Republic of China. Another example is Walt Disney World Company's use of Compass East Corporation which was incorporated in Delaware on December 7, 1964. On September 30, 1966 Latin-American Development and Management Corporation; Ayefour Corporation (a pun on Interstate 4); Tomahawk Properties, Incorporated; Reedy Creek Ranch, Incorporated; and Bay Lake Properties, Incorporated; all Florida corporations, were merged into Compass East Corporation. These companies were responsible for buying up the land that would become the Walt Disney World Resort.Sometimes natural conservation groups use a dummy corporation to purchase land. The current owners might be reluctant, figuring they are not getting the best price for a non-profit, but if the purchase is to a dummy corporation with "land development" in the name, then they might be more willing to sell.At times, governments might set up dummy corporations to hide actual intent. Air America was an American passenger and cargo airline covertly owned and operated by the Central Intelligence Agency (CIA) from 1950 to 1976. It supplied and supported covert operations in Southeast Asia during the Vietnam War. During the 1979 Iranian Revolution, the CIA set up a fake Hollywood film studio called Studio Six to aid in a plot to sneak American hostages out of Tehran.".
- Dummy_corporation wikiPageID "5405926".
- Dummy_corporation wikiPageRevisionID "591114582".
- Dummy_corporation hasPhotoCollection Dummy_corporation.
- Dummy_corporation subject Category:Corporations.
- Dummy_corporation subject Category:Deception.
- Dummy_corporation type Abstraction100002137.
- Dummy_corporation type Business108061042.
- Dummy_corporation type Corporation108059412.
- Dummy_corporation type Corporations.
- Dummy_corporation type Enterprise108056231.
- Dummy_corporation type Firm108059870.
- Dummy_corporation type Group100031264.
- Dummy_corporation type Organization108008335.
- Dummy_corporation type SocialGroup107950920.
- Dummy_corporation type YagoLegalActor.
- Dummy_corporation type YagoLegalActorGeo.
- Dummy_corporation type YagoPermanentlyLocatedEntity.
- Dummy_corporation comment "A dummy corporation or dummy company is an entity created to serve as a front or cover for one or more companies. It can have the appearance of being real (logo, website, and sometimes employing actual staff such as for public relations), but lacks the capacity to function independently.".
- Dummy_corporation label "Dummy corporation".
- Dummy_corporation label "Società di comodo".
- Dummy_corporation sameAs Società_di_comodo.
- Dummy_corporation sameAs m.0dkdjm.
- Dummy_corporation sameAs Q5313932.
- Dummy_corporation sameAs Q5313932.
- Dummy_corporation sameAs Dummy_corporation.
- Dummy_corporation wasDerivedFrom Dummy_corporation?oldid=591114582.
- Dummy_corporation isPrimaryTopicOf Dummy_corporation.