4 ms·

Yeah, but that's a crappy thing to do. Lots of unethical practices are legal but we don't encourage companies to do them. Why this?

• eru 16y ago
  We don't encourage them to do this. The shareholders elected the board that is currently minimizing the taxes. If you don't like that, you can become an activist shareholder (or just an activist) and campaign for changing this company policy. This is no question of company ethics. It might be a question of the ethics of shareholding.
  • kd0amg 16y ago
    Having been elected to a position does not absolve you of moral responsibility for the actions you take while holding that position.
    • eru 16y ago
      Indeed. But the shareholders will find somebody to do their bidding. Also you could argue that doing what you were elected to do, within the legal limits, is fine. I'd say tax minimization is a patriotic duty.
      • jbooth 16y ago
        Patriotic duty, heh. Making sure you never give to charity either is a mitzvah?
        • eru 16y ago
          At least most charities won't start wars with your money.
  • jbooth 16y ago
    This thread is full of people who presumably aren't even significant apple shareholders clamoring for tax avoidance on principle, like it's some sort of honorable thing to do, sticking it to the man or something, and you hear the same in the real world as well. We do encourage them.
    • eru 16y ago
      And why not. I am all for using loopholes while they exist, too. Just make sure you also campaign for closing loopholes.