Good for them. Taxation is theft.

RealNC:

Who knew that tax evasion is lucrative. Whatasurprise. Here's a very enlightening video about tax evasion by AAA publishers from someone who knows what he's talking about: [youtube=SFKnv1YzI3k]

corruption at is best

Loobyluggs:

...but the long term cost to undoing the stiching is greater than the intrinsic cost. Pay a mortgage off in 12 months, and you save many % points over 25 years, versus taking a mortgage for 25 years and the bank owning it (and some might say 'you') for that duration. The cost of floating from a market valuation (again amazon is a very good example) is deep into the billions, and may even pop over 1Trn in cost(s) to undo, because you gotta pay off the shareholders in full - hence my comment to delist as soon as humanly possible if a company does float. It's not someone else's money to pi55 up the wall, it's money you owe, and with every % point increase; you owe even more.

Sure, from a pov of a company you are right. But behind that company are individual people who own those shares and will simply sell them and go away once it doesn't make them enough profit, none of them needs to even consider the long term.

Backstabak:

Sure, from a pov of a company you are right. But behind that company are individual people who own those shares and will simply sell them and go away once it doesn't make them enough profit, none of them needs to even consider the long term.

The majority of shares are owned by banks and investment funds, not individuals - and, I think you might be forgetting (appologies if not) that the market capitalisation of a firm is based on revenue, and the profits are just ancilliary to the value of the share, not the profits of the share.

Loobyluggs:

The majority of shares are owned by banks and investment funds, not individuals - and, I think you might be forgetting (appologies if not) that the market capitalisation of a firm is based on revenue, and the profits are just ancilliary to the value of the share, not the profits of the share.

Maybe I'm the stupid here, but I do think that a lot of investors, regardless of who they are, just invest money into business and expect a certain return. When the company dips below that return, they sell and invest elsewhere. That's why I all of these companies don't really care about long term profits and just maximize the sort term return.

Backstabak:

Maybe I'm the stupid here, but I do think that a lot of investors, regardless of who they are, just invest money into business and expect a certain return. When the company dips below that return, they sell and invest elsewhere. That's why I all of these companies don't really care about long term profits and just maximize the sort term return.

If you did that, you would be liable to pay probably the highest amount of capital gains tax, depending on which country you did that in. AFAIK, all countries have some form of CGT for selling stocks and shares.

I work and have my main bank in what some call "fiscal paradise", the main reason that company install themself in place like that is because there is too much tax to be happy to go to work. I when was in france around 47% of what i should earn goes directely in direct tax, then come indirect tax around 21%, then collecting indirect tax (free work for the state), then fonctinal tax... and the list is endless and we were around 5% left on ultra good month. At the end you work hard for few benefit, and the customer who have the same problem that you isn't happy because you have to kept the price high to keep marging a few (because we don't work for free). Also Switzerland, Luxemburg, Andorra, Monaco, Ireland are more friendly but everything is clear, controled and legal... this is why more and more company do this and i don't blame them (they are not parasite as i have seen) too much tax kill the reason to have tax.