News for hackers. Stuff that matters.
Re:UK MP to Google: 'you do do evil' when it comes to tax by DanBC on Monday May 20, 2013 @11:03AM (#5738012)
> avoiding taxes is being used in a negative way

But that's an important point.

Traditionally "Tax evasion" was legal, and "tax avoidance" was normal, acceptable, and purely legal.

The weird accounting practices of some of these big firms are pushing a language change.

"Tax evasion" is clearly illegal.

"Tax planning" is clearly legal and acceptable.

"Tax avoidance" is using probably legal but weird methods to reduce (beyond any sensible amount) the tax burden of a company or very rich individual.

There are no comments on this comment yet.