Re:Google used a tax loophole to shelter $19.2B
by refurb on Tuesday January 02, 2018 @05:58PM
(#16056681)
Yes language is imprecise and imperfect and that is why we have tax courts to clarify it.
If a company misinterprets tax code, they will eventually have to pay the price for it.
And I feel like "loophole" doesn't do justice to the authority the US gov't has.
If Congress can't get their act together enough to write clear tax law, then they should go back and fix it. Don't blame the company for imperfect and imprecise language - they didn't write it.
If a company misinterprets tax code, they will eventually have to pay the price for it.
And I feel like "loophole" doesn't do justice to the authority the US gov't has.
If Congress can't get their act together enough to write clear tax law, then they should go back and fix it. Don't blame the company for imperfect and imprecise language - they didn't write it.