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>Absolutely, and they are completely irrelevant to a corporation. Why would a corporation account for irrelevancies? A pension fund isn't really a typical cor
by 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 agoPension 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 agoNo 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.