It is said that nothing in this world is certain except for death and taxes. For those with clever accountants, however, the latter can be kept to a minimum. Particularly, companies seek to minimize their tax liability through "tax planning", adopting deductions, rebates, exemptions and other “legal” tools that the domestic tax system provides to them. However, while tax planning is considered to be quite logical in the terms of making profit, there is a grey area between this and "tax avoidance”. This paper suggests a legitimate tax plan for a multinational technology company that minimizes its tax obligations1, without being inconsistent with the policies of Corporate Social Responsibility1 (CSR) and the desire for profit maximization by the shareholders. As such, it is proposed that a multinational company should exploit tax havens’ opportunity to relocate the Intellectual Property (IP) ownership but ensuring, in the same time, that it shares its gross profit between the tax haven and the source country paying 13% of the gross profit to the relevant resident.