<story><title>Uber used 50 Dutch shell companies to dodge taxes on $6B in revenue</title><url>https://www.businessinsider.com.au/uber-tax-avoidance-50-dutch-shell-companies-5-billion-revenue-2021-5</url></story><parent_chain><item><author>IdontRememberIt</author><text>If IP and shell companies infuriate you. I invite you to investigate why all billionaires have foundations or its cousin structures and &amp;quot;give&amp;quot; their wealth to it... Clue: tax and inheritance (tax) avoidance. Bill, Buffett, etc. are hypocrites.&lt;p&gt;But it is not new, even in the Bible they spoke about it (Matthew 6:2): &amp;quot;So when you give to the needy, do not announce it with trumpets, as the hypocrites do in the synagogues and on the streets, to be honored by men.&amp;quot;</text></item></parent_chain><comment><author>lifeformed</author><text>You could reframe it as:&lt;p&gt;The tax benefits are there to incentivize philanthropic giving.  Society benefits from their giving and they receive a tax benefit and PR boost in return.  It&amp;#x27;s not like they&amp;#x27;re saving more money total by giving it away.  And sure, it&amp;#x27;d be nice if philanthropists were super humble and anonymous, but the money helps either way, and I don&amp;#x27;t think those who are helped by the giving care if the givers have a statue of themselves up somewhere.</text></comment>
<story><title>Uber used 50 Dutch shell companies to dodge taxes on $6B in revenue</title><url>https://www.businessinsider.com.au/uber-tax-avoidance-50-dutch-shell-companies-5-billion-revenue-2021-5</url></story><parent_chain><item><author>IdontRememberIt</author><text>If IP and shell companies infuriate you. I invite you to investigate why all billionaires have foundations or its cousin structures and &amp;quot;give&amp;quot; their wealth to it... Clue: tax and inheritance (tax) avoidance. Bill, Buffett, etc. are hypocrites.&lt;p&gt;But it is not new, even in the Bible they spoke about it (Matthew 6:2): &amp;quot;So when you give to the needy, do not announce it with trumpets, as the hypocrites do in the synagogues and on the streets, to be honored by men.&amp;quot;</text></item></parent_chain><comment><author>thrwn_frthr_awy</author><text>How would someone at that level of wealth give in a more empathetic way? What should Bill and Buffett be doing instead?</text></comment>