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Location : Wasted Space Job/hobbies : Cayman Islands Actuary
| Subject: Immoral OZschwitz billionaire brands tax avoidance 'morally wrong' - Stupido fuck Thu Oct 02, 2014 2:11 am | |
| Billionaire retailer Gerry Harvey says it is "morally wrong" for a company to avoid paying tax in its home country.
Weighing into the debate about corporate tax dodging, the owner of Harvey Norman told Fairfax Media he could "dramatically reduce" his company's tax bill by shifting profits overseas but chose not to.
Harvey Norman had 15 stores in the low-tax jurisdictions of Ireland and Singapore.
"We've got an opportunity to dodge a lot of tax but we don't because it's morally wrong," he said.
Read more: http://www.smh.com.au/business/gerry-harvey-brands-tax-avoidance-morally-wrong-20141001-10oph3.html#ixzz3ExukORod |
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