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View Diary: Is Apple about to pull off one of the largest tax dodges in history? (64 comments)

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  •  Fiduciary duty to shareholders (1+ / 0-)
    Recommended by:
    sturunner

    is not at the top of the morality pyramid.  At least not as expounded in the religious and non-religious ethical arguments I'm familiar with.

    "And now we know that government by organized money is just as dangerous as government by organized mob." -- FDR

    by Mogolori on Wed Apr 24, 2013 at 11:38:22 AM PDT

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    •  Taxes have nothing to do with morality. (5+ / 0-)
      Recommended by:
      cfm, johnny wurster, erush1345, VClib, nextstep

      Taxes are all about legality -- nothing more.  

      Technomancer said "moral" and "ethical."  "Morality" plays no role in taxes, unless you violate the law. Then, violating the law is "immoral."  As for ethics, there's nothing unethical about paying the least amount of taxes you are legally obligated to pay.  In fact, it's probably unethical -- i.e., a violation of your fiduciary duty to shareholders -- to pay MORE in taxes than the company legally owes.

    •  Mogolori - but it is at the top of the fiduciary (0+ / 0-)

      duty pyramid to the owners of the business, the shareholders. The officers and directors of Apple have a duty to minimize the payment of taxes worldwide. It the officers and directors of Apple are not committed to that goal they will resign or be terminated.

      "let's talk about that"

      by VClib on Wed Apr 24, 2013 at 08:59:38 PM PDT

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