REAL persons couldn’t get away with this

serveimage

Why Microsoft, With $100 Billion, Wants a Loan for LinkedIn
http://www.bloomberg.com/news/articles/2016-06-13/why-microsoft-with-100-billion-is-borrowing-to-buy-linkedin

Allowing these entities to invest their foreign holdings in US financial
institutions and Treasuries makes a mockery of the whole tax system. If
they want to avoid US taxes, then they must keep all their cash “owned” by
subsidiaries abroad. The larger issue, of course, is the legal
manipulation of shifting money between “separate” corporations whenever
and wherever convenient to avoid taxes. Actual human persons (which don¹t
include corporations) have no such options — not even those with
schizophrenia. They are still a single entity. Not so with corpses. They
can shift and manipulate their corporate “personalities” and
“nationalities” pretty much at will.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s