Quote:
Originally Posted by HarryT
If there is a "loophole" in the law, then the law needs to be changed, but I really don't think that you can blame anyone for minimising their tax bill by entirely legal methods.
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Yes, but big business knows how to have laws and loopholes tailor-made to suit their needs, an option which is not that easily available to the rest of us. (And yes, it happens in Europe, too -- just think Luxemburg or Ireland. Only now that most states are really strapped for cash are they making some feeble attempts at fixing some of those loopholes.)