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What an improvement that would be — using booster money to legitimately pay players instead of handing them cash under the table.
One of the precepts of tax planning is to never pay a tax today if you can legitimately pay it tomorrow.
In the case at hand, Venice can legitimately pay the 5% only if the commune's motives are honorable, either because it believes it is paying for damages or returning a kindness, although Gregory excludes from the rubric "damages" the opportunity costs from the resulting non-acquisition of possible profits, thus further demonstrating his awareness of business and banking practices.
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The chain faced a backlash among customers last year when it emerged that it had, quite legitimately, paid no corporation tax in the past three years by channelling its revenues through Luxembourg and Switzerland.
They also heard the defense lawyers' arguments, presented much more briefly, that all the money Mr. Kozlowski and Mr. Swartz received from the company was legitimately paid and appropriately disclosed.
Apple is not the only company to have come under fire for tax avoidance - this summer, it was revealed the Amazon's UK business legitimately paid only £11.9 million in corporation tax in 2014, despite taking £5.3 billion in sales from British shoppers.
Tate & Lyle contends that it used third-party auditors to vet KSL for legal, ethical and sustainability standards and believes that land concessions were purchased legitimately, compensation paid to villagers and that the sugar it buys is free of human rights abuses.
"What has happened in this case is that, under the old system, people were able to take the money that should have legitimately been paid in to the taxpayer, and it has taken years and years of effort and public money… to ensure that we eventually get the money handed back to us.
It would be irrational for parents who love their children not to want them to be more beautiful as well as healthier and more intelligent.The ugly underclassBut if society believes that government should aim to give citizens equal opportunities, might beauty be a right that society can be legitimately asked to pay for?
Daniel J. Mitchell, a tax policy expert at the Heritage Foundation, a conservative policy and research organization in Washington, said yesterday that an undefined number of companies in the study legitimately did not pay taxes because they did not have any taxable profits, because of cyclical and economic fluctuations.
So they can legitimately afford to pay $2,000 per month for their mortgage.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com