Power, in all its forms -- economic, cultural, social, political -- is highly concentrated among impersonal giant corporations today.
For this kind of legal tax avoidance would be impossible without mutual understanding, collaboration, and coordination across national boundaries among many disparate groups of people, all serving their corporate masters in one way or another (as their employers, as their customers, as taxpaying entities, etc.).
Consider only how many people and organizations must be involved to make tax treaties and regulations around the world amenable to this kind of tax avoidance.
Whether this kind of concentration of power is good or bad for society, I'm not sure.
My best guess is no -- but I'm not certain. For there is also evidence that large-scale, concentrated business investment has been a force for good worldwide.[a]
Power, in all its forms -- economic, cultural, social, political -- is highly concentrated among impersonal giant corporations today.
For this kind of legal tax avoidance would be impossible without mutual understanding, collaboration, and coordination across national boundaries among many disparate groups of people, all serving their corporate masters in one way or another (as their employers, as their customers, as taxpaying entities, etc.).
Consider only how many people and organizations must be involved to make tax treaties and regulations around the world amenable to this kind of tax avoidance.
Whether this kind of concentration of power is good or bad for society, I'm not sure.
My best guess is no -- but I'm not certain. For there is also evidence that large-scale, concentrated business investment has been a force for good worldwide.[a]
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[a] See, for example, Marc Benioff's book, "Trailblazer: The Power of Business as the Greatest Platform for Change" at https://www.amazon.com/Trailblazer-Business-Greatest-Platfor...