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Activision Blizzard has moved billions of dollars of profit into tax havens

taxwatchuk.org

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Re: Activision Blizzard has moved billions of dollars of profit into tax havens

#4
I, unfortunately, can't really blame the company for doing something that's legal. They're literally just doing what's best for the company's shareholders, and they'd be yelled at for doing anything otherwise.

If we want this fixed, our lawmakers need to change the laws.

Re: Activision Blizzard has moved billions of dollars of profit into tax havens

#5
post #4

I, unfortunately, can't really blame the company for doing something that's legal. They're literally just doing what's best for the company's shareholders, and they'd be yelled at for doing anything otherwise. If we want this fixed, our lawmakers need to change the laws.

Curse them for not wanting to pay extra money for no gain. How dare they act out of a rational self interest.

Re: Activision Blizzard has moved billions of dollars of profit into tax havens

#6
It's downright ridiculous to complain about companies taking perfectly legal steps to reduce their tax burden.

As the oft-quoted US judge Learned Hand said:

> Anyone may arrange his affairs so that his taxes shall be as low as possible; he is not bound to choose that pattern which best pays the treasury. There is not even a patriotic duty to increase one's taxes. Over and over again the Courts have said that there is nothing sinister in so arranging affairs as to keep taxes as low as possible. Everyone does it, rich and poor alike and all do right, for nobody owes any public duty to pay more than the law demands

Re: Activision Blizzard has moved billions of dollars of profit into tax havens

#7
post #2

As long as it is legal - tax avoidance strategies makes perfect sense. Why waste money on buying extra taxes? Tax evasion does not count of course.

I just wish they would go back to making satisfying games.

Tax management as a strategy/puzzle game would honestly be a great time.

Re: Activision Blizzard has moved billions of dollars of profit into tax havens

#8
post #6

It's downright ridiculous to complain about companies taking perfectly legal steps to reduce their tax burden. As the oft-quoted US judge Learned Hand said: > Anyone may arrange his affairs so that his taxes shall be as low as possible; he is not bound to choose that pattern which best pays the treasury. There is not even a patriotic duty to increase one's taxes. Over and over again the Courts have said that there is…

Legal /=/ moral

Re: Activision Blizzard has moved billions of dollars of profit into tax havens

#9
post #6

It's downright ridiculous to complain about companies taking perfectly legal steps to reduce their tax burden. As the oft-quoted US judge Learned Hand said: > Anyone may arrange his affairs so that his taxes shall be as low as possible; he is not bound to choose that pattern which best pays the treasury. There is not even a patriotic duty to increase one's taxes. Over and over again the Courts have said that there is…

Legal /=/ moral

One could argue that they have a moral obligation to their shareholders to minimize their tax burden.

I can't even imagine a moral obligation to pay excess taxes, that's simply not how taxes work.

Re: Activision Blizzard has moved billions of dollars of profit into tax havens

#10
post #6

It's downright ridiculous to complain about companies taking perfectly legal steps to reduce their tax burden. As the oft-quoted US judge Learned Hand said: > Anyone may arrange his affairs so that his taxes shall be as low as possible; he is not bound to choose that pattern which best pays the treasury. There is not even a patriotic duty to increase one's taxes. Over and over again the Courts have said that there is…

No it's not. That's how change happens.

It's still perfectly legal to destroy the environment in many ways, it doesn't mean we can't complain about it.

If we don't talk about it, nothing happens.

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