Corporate Tax Avoidance

The cluster discusses how large corporations, particularly tech giants, use loopholes, profit shifting, and accounting tricks to minimize or evade taxes, contrasted with small businesses that cannot, and debates on fair corporate taxation and closing loopholes.

➡️ Stable 0.6x Politics & Society
5,003
Comments
20
Years Active
5
Top Authors
#785
Topic ID

Activity Over Time

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Keywords

NY e.g US HN GMG corporations.html IS BigCo G7 UK tax taxes corporations companies profits corporate pay big corporations taxing tax code

Sample Comments

ekianjo Nov 13, 2012 View on HN

Google IS paying taxes like everyone else. Most large corporations do not pay taxes locally, in case you do not know. If they were paying locally, they would be at disadvantage versus other organizations who know how to lower their taxes, and lose out in the end. Why focus on these three companies only when ALL other large corporations are doing the same without being threatened?

bwindels Sep 22, 2016 View on HN

Pay a fair amount of corporate tax for example...

gadders Dec 3, 2012 View on HN

Laffer curve, anyone? Reduce the Corporate Tax rates and companies wouldn't have spend mony on all these contortions to avoid paying.

visarga Nov 6, 2018 View on HN

Depends, when the corporation is a multinational, then they can evade local taxes by various tricks and send all the profits outside the country. Thus it is necessary to close this loophole, to keep the tax money in the source country.

swman Oct 8, 2021 View on HN

I was being cheeky considering big corporations always find a way to dodge taxes.

grey-area Jan 10, 2014 View on HN

Typically corps accused of avoiding tax earn no profits after their myriad coats are applied, that's how they avoid taxes. While governments could probably do more to charge corps tax, this is a complex grey area and there is no simple way to define fair or collect taxes as accounting rules are so complex. If you tax revenue you penalise new companies, if you tax profit it is easy for corps to find costs or transfer funds to shield profits.

JohnJamesRambo May 15, 2021 View on HN

Rather than that, maybe people on HN want corporations to pay their taxes?

ngokevin May 13, 2023 View on HN

Why does everyone focus on hiking corporate taxes when the top corporations skirt around and pay 0 tax?

kar5pt May 7, 2021 View on HN

Does "minimizing tax contributions" need to be said? Doesn't every company pay the minimum taxes that they're allowed to pay?

johnvonneumann Aug 31, 2017 View on HN

Big companies make a habit of pushing their tax liabilities to the most favourable jurisdiction. As the other comment said, they would take the piss.