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The money isn't really lost though. It would go towards services and infrastructure for everyone. Are those alternatives considered in the corporation's account

The money isn't really lost though. It would go towards services and infrastructure for everyone. Are those alternatives considered in the corporation's accountings? Please, take this down to -4.

lotharbot 11y ago
the IRS is on record as telling people that they should practice tax avoidance. Tax evasion is about lying to the government so you don't have to pay the taxes you should. Tax avoidance is about changing your behavior in order to reduce your tax burden based on what the government has chosen to incentivize.
charlesdm 11y ago
Absolutely, and they are completely irrelevant to a corporation. For example: a canadian pension fund doesn’t care one bit about paying taxes in France; they care about hitting their targets and achieving a certain annual yield on their (tens of) billions of dollars under management for their beneficiaries. If I’m said fund and a shareholder in a company, if I notice management paying excessive taxes somewhere, I will intervene and force them to reduce taxes as much as legally possible.
- jsprogrammer 11y ago
  >Absolutely, and they are completely irrelevant to a corporation. Why would a corporation account for irrelevancies? A pension fund isn't really a typical corporation; it's more of a holding facility. If a Canadian pension corporation thinks that common services and infrastructure are irrelevant, they probably aren't going to be around vey long, as their civilization crumbles.
  - charlesdm 11y ago
    Pension funds hold controlling stakes in various companies (private and public) globally. It’s not uncommon for a US or Canadian pension fund to hold a controlling stake in a private European business. Meaning they often have indirect influence over the actions of corporations. The same applies to hedge funds or investment vehicles controlled by activist investors. Why would a US pension fund care about paying tax in France? I could understand why it matters if they paid tax in the US (even though a CA based fund probably wouldn’t care about contributing in NY), but what do they have to gain by overpaying tax in France?
    - jsprogrammer 11y ago
      No one in this thread is arguing about overpaying. >Why would a US pension fund care about paying tax in France? As you said, they may have a controlling stake in businesses there.

The money isn't really lost though. It would go towards services and infrastructure for everyone. Are those alternatives considered in the corporation's accountings? Please, take this down to -4.

lotharbot 11y ago

the IRS is on record as telling people that they should practice tax avoidance. Tax evasion is about lying to the government so you don't have to pay the taxes you should. Tax avoidance is about changing your behavior in order to reduce your tax burden based on what the government has chosen to incentivize.

charlesdm 11y ago

Absolutely, and they are completely irrelevant to a corporation. For example: a canadian pension fund doesn’t care one bit about paying taxes in France; they care about hitting their targets and achieving a certain annual yield on their (tens of) billions of dollars under management for their beneficiaries. If I’m said fund and a shareholder in a company, if I notice management paying excessive taxes somewhere, I will intervene and force them to reduce taxes as much as legally possible.

jsprogrammer 11y ago
>Absolutely, and they are completely irrelevant to a corporation. Why would a corporation account for irrelevancies? A pension fund isn't really a typical corporation; it's more of a holding facility. If a Canadian pension corporation thinks that common services and infrastructure are irrelevant, they probably aren't going to be around vey long, as their civilization crumbles.
- charlesdm 11y ago
  Pension funds hold controlling stakes in various companies (private and public) globally. It’s not uncommon for a US or Canadian pension fund to hold a controlling stake in a private European business. Meaning they often have indirect influence over the actions of corporations. The same applies to hedge funds or investment vehicles controlled by activist investors. Why would a US pension fund care about paying tax in France? I could understand why it matters if they paid tax in the US (even though a CA based fund probably wouldn’t care about contributing in NY), but what do they have to gain by overpaying tax in France?
  - jsprogrammer 11y ago
    No one in this thread is arguing about overpaying. >Why would a US pension fund care about paying tax in France? As you said, they may have a controlling stake in businesses there.