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Registering a corporation doesn't deny others utility of a communally owned good.
by optimiz3 7y ago
Registering a corporation doesn't deny others utility of a communally owned good.
- nrb 7y agoIt does if that corporation is used to conceal income in a way that reduces the local tax base, which could negatively affect the utility of nearly all communally owned goods/services.
- optimiz3 7y agoCorporations still have to file taxes, unclear how corporate registration requirements lead to tax fraud.
- nrb 7y agoTax avoidance, not tax fraud. The article was about the ease of setting up series of shell companies, which can easily move money around the world in a hard-to-detect way in order to conceal profits made by people, with no way to determine who those people are or what their tax obligations are.