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Microsoft

Journal ILikeRed's Journal: Global Tax Anti-Piracy Day

I think someone needs to put together a special day (today would be good) called the Global Tax Anti-Piracy Day!

Tax Piracy is when you have a company in one country, but then setup a sham company in another country so you can avoid paying your fair share of taxes. These Pirate companies plunder the benefits of the real country of origin, taking advantage of all the infrastructure benefits such as schools, roads, and police - but pay for very little or any of what they take by loopholes in their real country's tax system!

Just think of the billions of dollars lost by honest companies, and their lost innovation because of these Tax Pirate Companies. Think of the increased taxes that honest companies must pay. Think of the children who can't go to good schools because Pirate companies plundered the public coffers! This is a threat that must be stopped, and the pirate company's officers punished!

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Global Tax Anti-Piracy Day

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