Dorsetmike
Member
http://www.independent.co.uk/news/bu...9-8212579.html
[rant]
Isn't it about time that some action should be taken over tax avoidance/evasion by multinationals and other rich fat cats.
Starsucks pay £8M in 14 years, by such means as "having to pay the parent company" for "intellectual property" (how much for a name or logo?) and paying off a loan from same parent company at 4% over the odds
Telling the tax man they made a loss, yet telling investors that they're making a profit.
About time for a new rule world wide
If you work or trade in a country you pay all relevant taxes to that country.
No excuses, dodges or fiddles, no offshore accounts to hide your money, pay up just like every other citizen has to. Then I can see money becoming available for improvements in education, health care, infrastructure (roads & railways etc).
I can see a lot of accountants and financial advisors (read parasites for a lot of them) going out of business if this ever happens, if they have advised on tax evasion/avoidance then they deserve to go.[/rant]
[rant]
Isn't it about time that some action should be taken over tax avoidance/evasion by multinationals and other rich fat cats.
Starsucks pay £8M in 14 years, by such means as "having to pay the parent company" for "intellectual property" (how much for a name or logo?) and paying off a loan from same parent company at 4% over the odds
Telling the tax man they made a loss, yet telling investors that they're making a profit.
About time for a new rule world wide
If you work or trade in a country you pay all relevant taxes to that country.
No excuses, dodges or fiddles, no offshore accounts to hide your money, pay up just like every other citizen has to. Then I can see money becoming available for improvements in education, health care, infrastructure (roads & railways etc).
I can see a lot of accountants and financial advisors (read parasites for a lot of them) going out of business if this ever happens, if they have advised on tax evasion/avoidance then they deserve to go.[/rant]