[governance] Google's tax avoidance is called 'capitalism', says chairman Eric Schmidt

[Karl Auerbach]

On 12/15/2012 02:00 PM, McTim wrote:

> Do you know of another company who would act differently?

Yes - Apple.

Apple maintains an item on its ledgers (and public reports) to indicate
that these are deferred taxes and that there is a significant chance
that someday taxes will have to be paid.

Google and others do not report such an item.

Which is a more honest statement of the assets and liabilities of the
corporation?

	--karl--



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