Question.3755 - Sometimes companies move their corporate headquarters out of their home countries to countries with more favorable tax treatment. Which duty do you believe is higher, the duty of corporations to pay tax to government or the duty of corporations to pay dividends to shareholders? Be sure to explain your answer. Should the concerns of stakeholders other than shareholders be taken into account by corporations? Why are taxes often more of an issue with corporations than with other business entities?
Answer Below:
The xxxxxxx notion xx those xxxxxxxxx that xxxx their xxxxxxxxxxxx to xxxxxxxxx countries xx to xxx lower xxxxx I xxxxxxxxxx it xxxxx ethical xxxxxxxxx about xxxxxxx a xxxxxxxxxxx s xxxx to xxx taxes xxxxxxxxx its xxxxxxxxxxxxxx to xxxxxxxx shareholder xxxxxxxxx According xx my xxxxxxxxxxxxx I xxxxx like xx state xxxx paying xxxxx tends xx subsidize xxxxxx goods xxx services xxxx are xxxxxxxx for xxxxxxxx well-being x corporation x fiduciary xxxx is xx maximize xxxxxxxxxxx wealth xxx balancing xxxxx duties xx crucial xxxxx Neely xxxxxxx A xxxxxxx that xxxxxx paying xxx fair xxxxx of xxxxx through xxxxxxxxxx could xxxx the xxxxxxx economy xx depriving xxxxxxxxxxx of xxxxxxx but xxxxxx the xxxxxxxxxxxx is xxxx a xxxxxxx move xxx most xxxxxxxxx tend xx sustain x balance xxxxxxx both xxxxxxxxxxxxxxxx recognizing xxxxx role xx contributing xx both xxxxxxxxxxx wealth xxx societal xxxxxxxxx Clark xxxxx Sherrer xxxxx stakeholders xxxx to xxxxx employees xxxxx communities xxxxxxxxxxxx those xxxxxxxx in xxxxxxxxxx of xxx company xx organization xxx domestic xxxxxxxxxxx - xxx critical xxxxxxxxxxxx who xxxxxx be xxxxxxxxxx while xxxxxx a xxxxxxxx while xxxxxxxxxx often xxxxx companies xx reduce xxxxx tax xxxxxxxxxxx while xxxxx benefiting xxxx the xxxxxxxxxxxxxx and xxxxxxxx funded xx taxpayers xxxxxxx mean xxxx can xxxxxxx the xxxxxxxxx towards xxxxxxxxxxx interests xx it xxxxx lead xx reputational xxxxxx and x loss xx public xxxxx as xxxxxxxxx by xxxxxxxx against xxxxxxxxxxxx inversions xxxx those xxxxxxxxx by xxxxxx Clark xxxxx Sherrer x corporation x long-term xxxxxxx is xxxxx tied xx the xxxxxxxxxx of xxx broader xxxxxxxxx in xxxxx it xxxxxxxx which xxxxx considering xxxxxxxxxxx concerns x strategic xxxxxxxx decision xxxxxxxxx tend xx experience xxx imposition xx taxes xxxxx casts x huge xxxxxx on xxxx hampering xxxxx revenue xxxxxx due xx the xxxxxxxxxx of xxxxxxxxx tax xxxxxxx and xxx global xxxxxx of xxxxxxxxxxxxx corporations xxx U x corporate xxx system xxxx one xx the xxxxxxx statutory xxxxx and xxx worldwide xxxxxxxx model xxxxxxx incentives xxx companies xx seek xxx reductions xxxxxxx inversions xxxxx other xxxxxxxx entities xxxx partnerships xx sole xxxxxxxxxxxxxxx are xxxxx taxed xx individual xxxxx or xx a xxxxxxxxxxx basis xxxxx generally xxxxx their xxx strategies xxxxxxx Clark xxxxx Sherrer xxx intricate xxxxxx operations xxx scale xx corporations xxxx tax xxxxxxxxxxxx a xxxx pressing xxx complex xxxxx for xxxx ReferencesClark xxxxx M xxxxxxx L x February x Look xx Corporate xxxxxxxxxx Inside xxx Out xxxxxxx Reserve xxxx of xx Louis xxxxx www xxxxxxxxxx org xxxxxxxxxxxx regional-economist xxxxx quarter xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxMore Articles From Business Law