Re:The Story of Apple's $14B Tax Bill
by caminante on Tuesday December 20, 2016 @04:31PM
(#13224235)
Here's a relevant assessment by a UChicago tax professor on this very topic (i.e. the "duty" of APPL execs to avoid taxes) [0].
tl;dr: "Tax avoidance" isn't a "fiduciary duty" per Delaware corporation law. That said, APPL execs may be subject to such standards through its corporate bylaws or through a variation in state law (CA v. DE).
tl;dr: "Tax avoidance" isn't a "fiduciary duty" per Delaware corporation law. That said, APPL execs may be subject to such standards through its corporate bylaws or through a variation in state law (CA v. DE).
[0] http://uchicagolaw.typepad.com/faculty/2015/12/a-duty-to-min...