Re:IKEA buys 11,000 acres of U.S. forest to keep it from bei...
by pegasus on Wednesday January 27, 2021 @12:01PM
(#25930597)
The exact opposite of tax avoidance is tax evasion? I think not. Tax evasion is legally tax avoidance that has been proven to be illegal. What about tax avoidance that hasn't yet been proven so, or maybe the charge has been thrown out on a technicality, or maybe it rests on exploiting a loop-hole? To me, that might not be tax evasion legally, but surely it's tax evasion in spirit. And since we're not in the middle of some courtroom proceedings, in spirit is how we should understand these words.
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Re:IKEA buys 11,000 acres of U.S. forest to keep it from bei...
by dj_mc_merlin on Wednesday January 27, 2021 @12:58PM
(#25931436)
Small misunderstanding, he gave two scenarios, one which he claims is tax avoidance, one which he claims is evasion. My "opposite" referred to him swapping which one is by definition either avoidance or evasion.
> And since we're not in the middle of some courtroom proceedings, in spirit is how we should understand these words.
Agreed that one should be charitable with their interpretations. That said, not caring (or knowing) about this important difference between the two terms is a signal that one only has a shallow understanding of these matters. What useful opinion could one hold about how companies should be taxed when one doesn't understand basic economic terms?
edit: changed you->one so as not to seem accusatory