But hey, those countries ajust want to get their grubby hand in those poor companies.
But hey, those countries ajust want to get their grubby hand in those poor companies.
I find it fascinating that such emotive language is used. Taxation is pretty much the least "grubby" hand a government has (military: give us all your stuff, legislature: do all our work for us, we will tell you what we think adequate compensation is); and these companies are not only not poor, they are among the richest on the planet and they got almost all of that wealth this century.
But why won't anyone think of those poor, starving, unemployed, multi billion dollar international corporations? :P
I thought that the sarcastic tone was clear :)
What the heck has to do your claim of Spain or France being corrupt with Apple or Google declaring losses with record revenues?
While technically they do have offices in Spain and France, they are mainly service offices. The critical operations of Google are carried out in the United States, and to a (far) lesser extent, Canada, Japan, and various other places.
> What the heck has to do your claim of Spain or France being corrupt with Apple or Google declaring losses with record revenues?
It's called expenditure, the vast majority of the wealth Apple and Google generate involves spending a lot of the wealth they made in the past. This is explicitly protected by the tax codes of basically any nation worth doing business in.
Spain, for example, has a rather meh economy, meanwhile the state is funneling public funds into things like a concentrated solar plant which will probably never generate more revenue than expenditure. If not corrupt, then that is at least decadent.
I recommend you sit down, evaluate what you are saying, and try to figure out what on earth that has to do with corporate taxing.
Erm the state isn't a for-profit entity, in fact if it were to generate a profit for some reason and didn't use that money to improve infrastructure and the living conditions of the people it represents then it would've stopped serving its purpose.
It doesn't matter that their investment doesn't generate revenue, it will improve the lives of the people it represents.
You want to do business in a country, you abide by the laws of that country. Governments serve their citizens and their interests. Whatever is convenient for corporations has (or should have) _zero_ bearing on any decisions. In true liberal style: if they don't like the rules they're welcome to go elsewhere.
That said, just because something is legal doesn't make it moral, but even though I think we agree on that, I'd have to argue loopholes are totally in the domain of legislators to fix — if I understand correctly, UK law requires tax payers to report any minimisation schemes they are party to. Does that have teeth? I don't know, but it's a thought.
I have it you view lobbying as having a hand in the code you subsequently exploit, and therefore a major ethics breach ?
I view corporations as non-human intelligences, so while it's totally unethical for a human to manipulate the law to their own ends, it's also something I expect corporations to perceive as acceptable, in as much as that makes sense (they will not shun each other for it) and in much the way we humans generally agree it's wrong to kill but we don't shun people for amputations or appendectomies.
This is why I prefer democratic corporations, rare as they are, to pure capitalist ones — at least the metaphorical appendix has a vote.