Sunday, September 27, 2015

Privatizing Taxation

Microsoft's Carbon Emission Tax 

Microsoft along with other companies has implemented an internal tax structure to tax itself in an effort to address the environmental concerns that result from carbon emissions. Microsoft along with various other companies has begun self regulating in an effort to address various environmental concerns. Regulation of carbon emissions is a global concern that is addressed by many governments most recently in the United Nations Sustainable Development Summit. Global leaders met to discuss the growing environmental concerns in their countries.While countries are attempting to address these issues on a global level.  Microsoft and 437 other companies are imposing taxes upon themselves and allocating the tax to internal sustainable energy initiatives. The company has saved over $10 million dollars in energy expenses through it's internal taxation campaign. Microsoft expects to save over $20 million through its reduced use of carbon emissions. Companies such as General Motors and Exxon Mobil have began internal taxation of carbon emissions also reducing their energy costs. Some of the companies imposing taxes are not reinvesting the internal taxes for sustainability initiatives but have imposed the internal tax in anticipation of governmental regulations that may be imposed in the coming years. The concept of internal private taxation has emerged among large and smaller scale companies to further the functionality of the business and to address social and political concerns. Microsoft's actions are consistent with the global stance on carbon emission which is the importance of its limitation. http://ec.europa.eu/taxation_customs/resources/documents/company_tax_study_en.pdf Read about Microsoft's internal taxation structure and the movement that exists among larger corporations to create sustainable alternatives within their corporations. http://nyti.ms/1Fpv6JF






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