[joesb]

> deductions and tax credits are explicitly entered into the law to define what someone should be paying.

So if a company follow the law and they gets tax deduction, it means that that's the tax the society agree that the company should be paying, right?

> loopholes are involuntarily, while tax deductions are intended.

So can the company exercise tax deduction without being called using a loophole? Is it ever intended for tax deduction to be okay for a company?

[AlisdairO]

Of course it's often intended for a tax deduction to be okay. I'm not quite sure what the thrust of your argument is - are you trying to imply that loopholes as a concept are invalid?