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The charter granted to the business can contain clauses requiring the business to attend to more than just its own returns. The state or the people grant that
by jungturk 10y ago
The charter granted to the business can contain clauses requiring the business to attend to more than just its own returns.
The state or the people grant that charter to the business, with the benefits its confers regarding liability and taxation, so we could decide to do so only if the business commits to the terms.
There's no inalienable right to incorporation in the US constitution - the corporation is a statutory fiction we've all agreed to use.
- John23832 10y agoThat charter turns a moral responsibility into a legal one. No one is arguing against holding businesses legally accountable.