Re:In London 'Guardians' live in empty office buildings
by tfgg on Thursday January 16, 2014 @10:22AM
(#7069820)
Exactly, my main thought when companies are being bullied for their lawful behaviour is if parliament wanted to stop corporations using a specific tax loophole, it could pass a law against it. Why hasn't it? Not that it's always easy to divine its intent.
This is not to mention that tax law is a lot more complex and likely to result in subtle loopholes than this specific, evidently well-known one.
Remember this legal philosophy gem next time you read about a corporation using a tax loophole.