4 ms·
Nope, 1)they don’t have a fiduciary duty to anyone in Europe 2) European doctrine in accounting is not that you can do anything as long as you don’t break the
by nraynaud 9y ago
Nope,
1)they don’t have a fiduciary duty to anyone in Europe
2) European doctrine in accounting is not that you can do anything as long as you don’t break the rules, but that you should account in a way that reflect the truth as much as possible within the rules
3) the European doctrine of tax law is that you should tax your profit where they are made
4) your headquarter for European tax purpose is not the address in your letterhead, but where the orders tend to radiate from.
- prepend 9y agoThey are a US company. Fiduciary duty is per parent company. The complaint isn’t about the French subsidiary not paying taxes, but for parent.