As I sit writing my final paper on Corporate Social Responsibility in the library, I came across a very interesting article in the Belfast Telegraph. Lately in class we have been speaking about the tax avoidance schemes of Starbucks, Amazon and Google. Here I am living in Belfast for almost 4 months now and thinking that there is not that big of a difference between the USA and here. Well this article reminded me of how business and taxes can be looked at very differently throughout different cultures. The UK government is arguing that many major companies are being unethical by avoiding taxes, but these same companies (mostly founded in USA) think it is merely good business. Recognizing these cultural differences could be very beneficial for future business decisions.
Here is the article and the Google Chairman’s bold response pertaining to tax avoidance: