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> If crazy tax schemes are legal, that's the politicians' fault for not fixing them, not Apple's 100% agreed. > who has a duty to shareholders to, you know, n
by 6gvONxR4sf7o 6y ago
> If crazy tax schemes are legal, that's the politicians' fault for not fixing them, not Apple's
100% agreed.
> who has a duty to shareholders to, you know, not pay more taxes than they have to
I don't believe they have any such duty. Corporate charitable giving is a really big thing.
- sosborn 6y agoCorporate charitable giving is also a means to stay in the public's good graces. It is a long-term play for profit. (I'm not arguing that it is a bad thing).
- 6gvONxR4sf7o 6y ago> It is a long-term play for profit. Is it? I'd expect most of it is driven by actually valuing the charity. If we frame even the charitable stuff as profit-driven, it just reinforces the idea of some duty towards profit.