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How is paying taxes not in the interests of shareholders? I think this attitude is at the heart of the problem.
by dabeeeenster 14y ago
How is paying taxes not in the interests of shareholders?
I think this attitude is at the heart of the problem.
- Zak 14y agoIf I live in the US and own shares of Starbucks, it is much more strongly aligned with my interests for Starbucks to pay me a dividend than to pay that same amount in UK taxes. Even in a jurisdiction where I might see some benefit from the taxes, I'd probably see more benefit from that same amount of money in my pocket. It's perfectly rational to want to minimize one's tax obligation, especially to foreign governments.