ETHICS IN PRACTICE CASE: Double Irish with a Dutch Sandwich
1. Who are the stakeholders and how are they affected by these corporate tax-saving strategies?
2. Do companies have a responsibility to pay a fair share of income tax to local, state, and federal governments? Who determines what that fair share should be?
3. Where do you draw the line on tax savings by corporations?
4. The U.K. government has declared that corporate tax avoiders will no longer be able to bid on government contracts. Critics believe that corporations will find a way to work around it. If it were possible to design a foolproof system, would you recommend it to other governments?