State & Local Tax Blog

You Have to be Careful About Tax Reduction Strategies

When the media reports on strategies companies use and have used over the years to minimize their tax burden, their lack of tax expertise and hunger for scandal makes them predisposed to report it like a heinous crime. Look at this article. When you are a prominent retailer, the media can make something look like a scandal and if the result is a backlash by the consumer, the tax savings can be dwarfed by decreases in sales.

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