The fact that the Internet has no boundaries of time or geography has changed the way businesses operate forever. One feature of the Internet is that it has allowed creative businesses to avoid, or at least minimize their tax liabilities. In particular, Google’s business success means that it has to manage its operations if it wants to minimize its tax burden. Doesn’t it make sense that all Internet businesses would do everything possible to reduce their tax liabilities?
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Taxing Authorities' Internet Cat-and-Mouse Game
Posted by: Peter S. Vogel December 12, 2012 05:00 AMThe fact that the Internet has no boundaries of time or geography has changed the way businesses operate forever. One feature of the Internet is that it has allowed creative businesses to avoid, or at least minimize their tax liabilities. In particular, Google’s business success means that it has to manage its operations if it wants to minimize its tax burden. Doesn’t it make sense that all Internet businesses would do everything possible to reduce their tax liabilities?