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So if Google paid more taxes than necessary (legal loopholes), there would be no fines (for bad privacy etc.)? That sounds wrong. I don't support the legal tax
by hcnews 8y ago
So if Google paid more taxes than necessary (legal loopholes), there would be no fines (for bad privacy etc.)? That sounds wrong.
I don't support the legal tax loopholes but don't think there should be much relation between legal taxes and fines for bad practices (unless ofcourse the bad practice is illegal tax evasion).
- chriswarbo 8y ago> So if Google paid more taxes than necessary (legal loopholes), there would be no fines (for bad privacy etc.)? That sounds wrong. I doubt there would be no fines; but if Google were paying a "fair" amount of taxes then there would be less of an adversarial relationship with governments: huge fines would be like harming the goose that lays golden eggs. With Google's current tax avoidance/evasion they're just a regular, tasty-looking goose.
- ocdtrekkie 8y agoI was merely suggesting the "more fines than taxes" bar in this article was artificially low because of their artificially low tax rate. Note that I am fully in support of the EU's fines for both Google's antitrust violations and their privacy abuses, and agree that they should have no bearing on taxation.
- hcnews 8y agoThis version of statement I can agree with (since its just facts). The original statement didn't read anything close to this imho :-)