It is rather unlikely that the world speaks about Cathy Kearney in the same breath as Steve Jobs or Tim Cook. As Tim Cook appeared at the Senate committee hearing last week to explain Apple’s corporate tax avoidance affairs, Guardian profiles the Irish accountant who shuns publicity, and is thought to be brains behind the Cork office that helped Apple save billions in taxes.
Tag: Taxation
The (im)morality of taxes
via- the Guardian.
Tax Avoidance by the super rich is termed “tax planning” – legitimate use of available tax loopholes to minimize tax on absurd amounts of income & wealth (I refuse to be drawn into a pedagogic discussion about definitions of the two terms). This is a facility available only to a select few, couched as it is in legalese, defined & passed into legislation by the “chosen” few, & priced insanely out of the reach of the 99.9%.