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Governments have to close this loophole. A CEO is going to be quickly ousted if they suggest not taking advantage of the well known tactic. For one it means l
by giarc 6y ago
Governments have to close this loophole. A CEO is going to be quickly ousted if they suggest not taking advantage of the well known tactic. For one it means less money in the pockets of shareholders but also reduces the ability to compete if all other companies are paying little to no tax. Until governments step in, nothing will change.
- api 6y agoThis is the nature of regulation in general. Without it anyone who does shady stuff gains a massive advantage.