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Many business ethics topics involve the question of even if something is legal, is it ethical? This research study examines individual’s personal ethical beliefs about tax havens, tax avoidance, tax evasion. It also compares how individuals react to media biases and if any factors presented affect the individual’s ethical views of tax decisions.
Individuals believe that tax avoidance, while legal, is slightly unethical. Biases in media sources can also affect an individual’s viewpoint of a company or person. These companies and people should use this evidence in determining the harm of their reputation if there were to be a scandal involving tax avoidance strategies.