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.
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.