Reply to post: @AC - liability shield

Google UK coughs up £130m back taxes. Is it enough?

DougS Silver badge

@AC - liability shield

Yes, it lets you take more risks, but more risk isn't automatically good. Companies that don't make good on their debts raise the cost of credit for everyone. Paying more for being a corporation and getting that liability shield allows the corporation go bankrupt without creditors coming after the shareholders, but has a cost that everyone bears, and they should pay it for it somehow.

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