{"id":58,"date":"2012-09-27T20:55:48","date_gmt":"2012-09-28T03:55:48","guid":{"rendered":"https:\/\/blogs.ubc.ca\/richardchao\/?p=58"},"modified":"2012-09-27T21:32:30","modified_gmt":"2012-09-28T04:32:30","slug":"being-smart-isnt-wrong","status":"publish","type":"post","link":"https:\/\/blogs.ubc.ca\/richardchao\/2012\/09\/27\/being-smart-isnt-wrong\/","title":{"rendered":"Being Smart Isn’t Wrong"},"content":{"rendered":"

In Mikaela Wang\u2019s blog<\/a> on \u201cExploiting Loopholes: Apple Sidesteps Billions in Global Taxes<\/a>\u201d, she describes how big corporates like Apple Inc. taking advantage of areas where there are low corporate taxes in order to evade paying large amounts of cash to the government.<\/p>\n

\"\"<\/a>

Unethical or Smart?<\/p><\/div>\n

 <\/p>\n

By using strategic methods of setting up offices in low corporate tax regions, Apple Inc. was able to evade paying 2.4 billion dollars in taxes.<\/p>\n

 <\/p>\n

Now some may say this was an unethical move on behalf of Apple, which I agree with, however I believe it was a smart move in cutting down costs for the company. By thinking smart and utilizing the tax laws, Apple was able to pay less taxes without breaking any laws. In today\u2019s poor economy, companies are always finding ways to cut costs. Whether if it is firing employees or simply cheating the tax system, they are all equally unethical yet it saves the company a lot of money.<\/p>\n

 <\/p>\n

So if you were to ask me if this was a right or wrong move for Apple, I would have to answer that as long as if it doesn\u2019t break any laws, it\u2019s a smart move and a wise choice. As a clich\u00e9 saying goes, \u201cfinders keepers, losers weepers.\u201d<\/p>\n

 <\/p>\n

Bibliography<\/span><\/p>\n

– Mikaela Wang’s Blog –\u00a0https:\/\/blogs.ubc.ca\/mikaelawang\/<\/a><\/p>\n

– Singapore., Charles Duhigg And David Kocieniewski; Additional Reporting Was Contributed By Keith Bradsher In Hong Kong, Siem Eikelenboom In Amsterdam, Dean Greenaway In The British Virgin Islands, Scott Sayare In Luxembourg And Jason Woodard In. “THE IECONOMY; How Apple Sidesteps Billions in Taxes.”\u00a0The New York Times<\/em>. The New York Times, 29 Apr. 2012. Web. 27 Sept. 2012. <http:\/\/www.nytimes.com\/2012\/04\/29\/business\/apples-tax-strategy-aims-at-low-tax-states-and-nations.html?_r=3<\/a>>.<\/p>\n

– Skelton, Alissa. “Apple \u2018Sidesteps\u2019 Billions in Corporate Taxes, NY Times Reports.”Mashable<\/em>. Mashable, 29 Apr. 2012. Web. 27 Sept. 2012. <http:\/\/mashable.com\/2012\/04\/29\/apple-avoids-taxes\/<\/a>>.<\/p>\n","protected":false},"excerpt":{"rendered":"

In Mikaela Wang\u2019s blog on \u201cExploiting Loopholes: Apple Sidesteps Billions in Global Taxes\u201d, she describes how big corporates like Apple Inc. taking advantage of areas where there are low corporate taxes in order to evade paying large amounts of cash…<\/span><\/p>\n

Read more ›<\/a><\/div>\n

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