RE: New tax problems for Texas Clubs
Interesting questions. Surprising questions actually.
Incorporating provides some liability protection to the average club member by assigning it to the corporation. That transfer is worthwhile as it means each club member is not legally and financially completely responsible for the actions of every other club member, present or not.
Incorporating outside of your own home state costs lots of money. Barbados is a nice trick, but it comes at a cost and has other liabilities.