“the U.S. Department of the Treasury and the Internal Revenue Service (IRS) issued a notice that takes targeted action to reduce the tax benefits of — and when possible, stop — corporate tax inversions in September 22nd, 2014.”(treasury.gov) This policy can be easily regard as an action that aiming to prevent from American companies evading tax by relocating oversea through acquiring corporation, more particularly, Burger King announced last month to acquire Tim Hortons in Canada.  President Obama has said that companies that invert for tax purposes lack “economic patriotism.”(nytimes.com)

This comment make me think about “business ethic” again. Burger King’s operation behavior will hurt the middle class companies which act responsibly because the burden of tax will be taken by them. However, relocating to Canada do decrease cost of the company, which gain profit for there stakeholders, and the managers of companies should take responsibility to their board and stakeholders. So in my opinion, we can’t judge BK saying they are unethical, what they did is just playing a role in the right position that make much net profit. Business ethic is still a controversial topic that  both sides insist on their points, and I believe this disagreement can motivate more people consider about business ethic deeply and form their own thought.

Reference:

“Treasury Announces First Steps to Reduce Tax Benefits of Corporate Inversions.” U.S. Department of the Treasury. 22 Sept. 2014. Web. 27 Sept. 2014.

Davis, Julie. “U.S. Acts to Curb Firms’ Moves Overseas to Avoid Taxes.” The New York Times. The New York Times, 22 Sept. 2014. Web. 27 Sept. 2014. 

With the new iPhone6 and Apple Watch be pushed out, the factories that Apple used to produce products were censured again by Green American(A nonprofit environmental protection organization) and China Labor Watch(A labor rights protection organization).  According to The New York Time, after a secret investigation to a factory in JiangSu province, the investigator in China labor Watch said that the working environment in the factory is extremely dangerous: the fire exit has been locked; the floor and air is full of the powder of Aluminum – magnesium alloy, which might lead to an explosion easily.  Another issue is that labors are required to work extra hours, which is around 100 hours a month.  What is worse, they also are exposed to chemical element without appropriate protection.

The press man of Apple company, Chris Gaither claim that Apple already sent a investigating group to the factory to deal with the security and mistreatment problems.  This is not the first time that the supplement chain of Apple is in the grip of labor problem, In order to prevent the irregularities, Apple make a strict code of conduct to their supplier, and audit them in a regular time.  Although there are still some problems to the factories, the behavior of Apple Company is based on the business ethic. It takes the responsibility to protect staff and labors.

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