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A comment on Google used a tax loophole to shelter $19.2B. Parent comment

Re:Google used a tax loophole to shelter $19.2B by ucaetano on Tuesday January 02, 2018 @07:32PM (#16057296)
"please recognize them for exactly what they are: soulless, inhuman, profit maximizers that will take every inch afforded to them by the law"

Let me know when you invest your savings in a company that returns lower profits because they refuse to pay lower taxes, even if they legally could.

And let me know when you find a tax deduction that could save you money, but you decide to not take the deduction and pay more taxes.

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Re:Google used a tax loophole to shelter $19.2B by mywittyname on Wednesday January 03, 2018 @12:24PM (#16062877)
That didn't sound like a criticism, but a statement of the obvious: corporations are legally obligated to do anything they legally can to generate more money.

My takeaway from that comment was, to expect that behavior and ensure legislators write and enact laws that establish effective corporate governance.

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Re:Google used a tax loophole to shelter $19.2B by dragonwriter on Wednesday January 03, 2018 @12:27PM (#16062895)
> That didn't sound like a criticism, but a statement of the obvious: corporations are legally obligated to do anything they legally can to generate more money.

This isn’t a “statement of the obvious”, it’s a somewhat popular misinterpretation of the fiduciary duty owed by a corporation to that corporation’s shareholders.

[ Parent | on HN ]