4 ms·

There's a world of difference between taking a tax deduction and actively setting up shell corporations to dodge taxes Google could not pay taxes by giving the

There's a world of difference between taking a tax deduction and actively setting up shell corporations to dodge taxes Google could not pay taxes by giving their employees raises or bonuses, invest in infrastructure, donate it to charity, etc.Instead they stash it in the Caribbean. I wouldn't care but their executives actively push a political agenda not inline with their actions which makes them rampaging hypocrites and thus open for criticism

zacharytelschow 8y ago
So some means of legal tax reduction are fine and others are not? How do you arbitrarily determine which is which?
- tossaccount123 8y ago
  written deductions in the tax code vs legal loophole that's being made illegal in many countries I never argued it was illegal, I'm saying it's not ethical
- notacoward 8y ago
  > How do you arbitrarily determine which is which? It's not arbitrary. If the primary purpose of an entity or transaction is to avoid tax, then its employment is likely to constitute illegal tax avoidance or evasion (the terms have distinct legal meanings but those are not very interesting here). Purpose is determined primarily by contemporaneous documentation. Is there some interpretation involved? Yes, because just about any legal decision involves some interpretation and these matters tend to be exceedingly complex. By their nature, they usually involve some sort of subterfuge or concealment. But it's not arbitrary. There are laws and precedents that attempt to define exactly where the line is. Here are some references that might help clarify further. http://taxexecutive.org/tax-avoidance-vs-tax-evasion/ http://taxexecutive.org/tax-avoidance-vs-tax-evasion/ https://www.lowtax.net/blogs/The-Basics-of-Tax-Evasion-Tax-Avoidance-and-Tax-Minimisation-572162.html https://www.lowtax.net/blogs/The-Basics-of-Tax-Evasion-Tax-A...

zacharytelschow 8y ago

So some means of legal tax reduction are fine and others are not? How do you arbitrarily determine which is which?

tossaccount123 8y ago
written deductions in the tax code vs legal loophole that's being made illegal in many countries I never argued it was illegal, I'm saying it's not ethical
notacoward 8y ago
> How do you arbitrarily determine which is which? It's not arbitrary. If the primary purpose of an entity or transaction is to avoid tax, then its employment is likely to constitute illegal tax avoidance or evasion (the terms have distinct legal meanings but those are not very interesting here). Purpose is determined primarily by contemporaneous documentation. Is there some interpretation involved? Yes, because just about any legal decision involves some interpretation and these matters tend to be exceedingly complex. By their nature, they usually involve some sort of subterfuge or concealment. But it's not arbitrary. There are laws and precedents that attempt to define exactly where the line is. Here are some references that might help clarify further. http://taxexecutive.org/tax-avoidance-vs-tax-evasion/ http://taxexecutive.org/tax-avoidance-vs-tax-evasion/ https://www.lowtax.net/blogs/The-Basics-of-Tax-Evasion-Tax-Avoidance-and-Tax-Minimisation-572162.html https://www.lowtax.net/blogs/The-Basics-of-Tax-Evasion-Tax-A...