Define "loophole". Because your definition seems to be taking advantage of something in a law, miswording or mistake, in a negative way, or even illegal, to av

Define "loophole". Because your definition seems to be taking advantage of something in a law, miswording or mistake, in a negative way, or even illegal, to avoid paying taxes that are rightfully due. I define it as following the law as written to lower your tax burdens. You imply that there's something inherently wrong with using "loopholes". I say there's something inherently wrong not using them, since it is the law. You may attempt to make this about moral high ground and doing what's right, but that's your definition of the situation and you are welcome to your opinion. But the law says otherwise. Especially since the company is basically legally required to use such methods to reduce their tax burdens, because otherwise they're likely to be sued by share holders or to whomever they are beholden to.