Shell and BP paid zero tax on North Sea gas and oil for three years. Firms defend paying no corporation tax after government handed out billions to energy giants. : worldnews

Something people don’t seem to know or understand US corporations have a fiduciary responsibility to maximize profits for their shareholders.

They have to defend themselves to retain the additional profit realized by not paying taxes and accepting the billions in government subsidies. Again, they are required to function in the best interest of their shareholders. If a company admits fault or owns up to a mistake it’s because the accountants have calculated it’s in their best financial interest long term.