I find it remarkable that in this sort of case the public sentiment is to hate on the corporation, rather than on the governments who set the (byzantine) tax rules that the corporation is following.
Treating them as rats in a labyrinth makes no sense when they're the main creators of the labyrinth.
Have you ever paid more than what you were required to?
Doing so is every bit as much of a conscious choice as pretending your blood testing product actually works or that the funds for Peter's ROI don't come from Paul
I mean, there are literally millions of companies worldwide that aren't even remotely tax efficient never mind inventing artificial royalties to shell companies in tax havens which they could if their directors wanted to... why are they not being sued by their shareholders?
Could it be because actual company law allows management an enormous amount of discretion in how they run the company, except in cases of obvious conflict of interest or failure to care? And not deploying aggressive tax avoidance strategies isn't considered to be conflict of interest or failure in a duty of care anywhere?
And you can definitely hate the player.
It's truly baffling to me that people don't see very clearly that Amazon is not the problem here.
>“President Biden has proposed a new, fairer system for taxing large corporations and digital companies but the UK has not come out in support of the reforms. The silence is deafening. The government must act and help to grasp this once-in-a-generation opportunity to banish corporate tax avoidance to a thing of the past.”
I’m unclear why Biden or the US applies in this case.
> but the UK has not come out in support of the reforms.
Oh, the irony :-))