Literally every single company that can afford to setup things like tax transfer schemes, are actively evading taxes.
It’s mind boggling how widespread it is, how accepted (legal) it is, and how it will seemingly never be fixed.
It’s mind boggling how widespread it is, how accepted (legal) it is, and how it will seemingly never be fixed.
Yeah, but I think that's different than what happened in this case with Netflix. Declaring earnings from one country in another country is not just "tax optimizations" but straight up illegal. It's not using/abusing legal loopholes like most larger companies do, but going against the law.
If we consider the Irish sandwich mechanism that was recently “stopped”, somehow that hasn’t materially affected any of the innumerable companies that were using it. As we saw in the Apple vs EU case, most practices might’ve never been actually legal either.
So my personal opinion is that (almost) all tax “optimization” is at the minimum immoral, but most likely illegal too.
Edit: This reminds me of the idea of temporarily embarrassed millionaires. Your personal optimization is not what I’m talking about - corporations have legal teams the size of SMBs lobbying/creating/looking for secret loopholes, and people are talking about public self service methods.
If X is "install solar panels" or "provide affordable housing" or "reduce greenhouse gas emissions" then X is very likely moral.
If X is "lie to us about where your revenue came from" then X is very much immoral.