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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 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.

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