Tax avoidance, which is entirely legal, may also reflect cultural change and the (increasingly dominant) libertarian streak in the industry

The technology industry is being built up by politicians of all persuasions as the saviour for Australia's post mining boom economy. There are all sorts of reasons why that's a good thing. There are also plenty of reasons to be sceptical.

Tax avoidance, which is entirely legal, may also reflect cultural change and the (increasingly dominant) libertarian streak in the industry 1462168249997

Tax avoidance, which is entirely legal, may also reflect cultural change and the (increasingly dominant) libertarian streak in the industry 1462168249997

In a week when the gaping hole in the nation's finances moves into view (you probably haven't noticed, because no one in the media is talking about it, but the federal budget is being announced this week) one issue seems particularly relevant.

Tax minimisation.

Entirely legal, morally questionable, and absolutely endemic in tech.

Take Google, whose official corporate motto is "Don't Be Evil".

Read more: http://www.smh.com.au/business/federal-budget/why-is-the-technology-industry-so-afraid-of-tax-20160429-goicji.html#ixzz47YNKhFdG

Tax avoidance, which is entirely legal, may also reflect cultural change and the (increasingly dominant) libertarian streak in the industry

Tax avoidance, which is entirely legal, may also reflect cultural change and the (increasingly dominant) libertarian streak in the industry

Anarcho-Capitalist Categorical Imperatives

AnCaps' Laissez-faire Free Trade Zone