7_Driver - 2:50 pm on May 22, 2013 (gmt 0)
This is a big discussion here in the UK - (it gives us a chance to bash big successful US companies since we have so few of our own).
What the politicians know very well, but choose to ignore for the purposes of grandstanding to the electorate is this:
1. The tax avoidance they're complaining about is not illegal according to the laws THEY created.
2. Company directors have a LEGAL OBLIGATION to act in the best interests of the shareholders. Paying more tax than you are obliged to is unlikely to be in the best interests of shareholders.
So politicians are currently accepting that companies aren't breaking the law - but suggesting that they should start breaking the law so the politicians can collect more tax.