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Famous Quote by Judge Learned Hand

"Over and over again courts have said that there is nothing sinister in so arranging one's affairs as to keep taxes as low as possible. Everybody does so, rich or poor; and all do right, for nobody owes any public duty to pay more than the law demands: taxes are enforced exactions, not voluntary contributions. To demand more in the name of morals is mere cant." [Commissioner v. Newman, 159 f2d 848 (Ca 2, 1947)]





In plain English, Judge Learned Hand is saying that the courts have stated many times that there is nothing wrong with minimizing taxes. Everybody, rich or poor, does it. Nobody owes any public duty to pay more taxes than necessary. We are forced to pay taxes and they are not voluntary contributions. To ask people to pay more taxes than necessary because "it is the right thing to do" is stupid.

As some have already been introduced in WJA, there are many ways to minimize taxes and social insurance premiums. I believe that as long as those arrangements are reasonably supported by law (as long as one doesn't cross the line between legal and illegal), it is ok to take advantage of them. It is the responsibility of tax and social insurance premium professionals to work for their clients' best financial interests and to advise tax and social insurance premium saving plans.

Previously introduced minimization techniques:
- Legal Rent
- リーガルレント



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2007年04月05日 Taxes トラックバック:0 コメント:3

kamii san, your job take up for citizen!
Anyone don't want to pay more taxes than necessary, do thay?

2007年04月06日 のも URL 編集

このコメントは管理者の承認待ちです

2007年04月06日 編集

このコメントは管理者の承認待ちです

2007年04月06日 編集












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