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For example, given that Google successfully litigated the Oracle Java API copyright case in the public court system, it seems that it gains advantages from publ
by alfl 5y ago
For example, given that Google successfully litigated the Oracle Java API copyright case in the public court system, it seems that it gains advantages from public institutions. Simple reciprocity indicates that they should support institutions from which they benefit.
Mutatis mutandis for, eg, roads so that employees can get to work, etc.
- leephillips 5y agoBut the employees pay taxes on their salaries. And Google’s corporate profit is taxed through taxes on dividends imposed on shareholders. The only tax that Google can evade is the double taxation on profits that will be taxed again when distributed. Although it is true that this tax rate is lower than income tax.
- andromeduck 5y agoJust like with income taxes - it doesn't change the tax wedge at equalibrium but it feels better and that's what's important. It's like going to a store where everything is eternally 40% off.
- alfl 5y agoGoogle has never paid a dividend. “Double taxation” refers to taxation post distribution not prior (source: I was a corporate tax accountant). Finally, “evasion” is illegal. “Avoidance” is a legal tax strategy.