3 ms·
They (Google, Amazon, MS, Apple, and every other large multinational company) don't have a choice, their competitors are doing it and stockholders could possibl
by dm2 13y ago
They (Google, Amazon, MS, Apple, and every other large multinational company) don't have a choice, their competitors are doing it and stockholders could possibly sue for not preforming standard tax avoidance methods.
A company losing billions just to make a questionable ethical point (which most people don't even care about) isn't really worth it.
The only way to prevent the "double-Irish" and such schemes is for the US government to step in and close the loophole. American taxpayers and business help fund these large companies and get them on their feet, then we allow the company to funnel all of their profits through other nations, that needs to be fixed.
Why doesn't congress step in? Are they being paid not to? Does nobody see a problem with public officials being paid by large corporations and organizations to vote for a law which might be against the best interest of the nation and the majority of it's citizens?