Public
expectation
 |
| One of the tax system objectives is to achieve social goals. |
Society is
an important stakeholder of MNCs. It provides resources for MNCs to run their
business, e.g. workers, technology, land and as well as clients. People think
that MNCs have corporate social responsibility. They should consider the
interests of society when running the business.
Morality
vs legality
Paying tax
is a channel for MNCs to contribute the society and fulfil public expectation. The
amount of tax is magnificent and it should be used to run public services. However,
MNCs try all means to reduce tax and the ways they used is controversial, e.g. using
the advantages of overseas tax haven to maximize their profits. Tax avoidance
seems to be an unethical practice.
Honesty vs
legality
Some MNCs
would attempt to bribe government officers to enjoy tax benefit. This foster
the culture of overseas bribery. Governments become corrupted. Undermining
democracy and the rule of law, the cost is borne by the whole country. China,
Brazil and Mexico are some hotbeds of corruption.
I think that the relationship between MNCs and society should be mutual benefit. The society provide stable environment, workers and clients to the MNCs and so the MNCs should bear their social responsibilities to pay the taxes which use to contribute the society. Therefore, I think morality and honesty are the important concepts of running an ethical business.
回覆刪除Paying tax is the duty that MNCs required to do in order fulfill their social responsibility. I agree that tax avoidance is unethical as social responsibility concerns how corporate tax contributions give back to the communities. It is also immoral and disrespect to the service and resources provided by our society.
回覆刪除In my opinion, honesty is much important than legality. The society provide enough resources to the corporation and paying tax is the responsibility of the MNCs. It is immoral that some MNCs try different way to reduce tax, even avoidance tax.
回覆刪除This article explained the relationship between MNC and society. There are many expectation of MNC from the society. MNC is difficult to respond to all expectation. However, paying tax is responsible for MNC. They should respond to that honestly.
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