‘Immoral’ business: Google, Starbucks, Amazon grilled over UK tax avoidance

Discussion in 'Latest US & World News' started by Jack Napier, Nov 13, 2012.

  1. Leffe

    Leffe New Member

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    What they are saying is that the law is intended that if a company does business and makes profit in a country, they pay tax on that profit in that country.

    In the cases of many of these companies, they have found legal loopholes around this, which are dubious at best. For instance, increasing the franchise costs to the parent company, buying coffee beans via a subsidury in a country where the beans do not come from. Setting up an un-manned office in a country that is tax friendly and moving money to and from it.

    There are a number of issues here, a) They are large enough to be able to drive local companies out of business, as one is paying local tax and one is not.
    b) Domestic governments actually rely on tax money to be able to provide schools etc... for it's people.
     
  2. allegoricalfact

    allegoricalfact Well-Known Member

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    Legally and constitutionally Americans' are only required to pay 'Corperate' taxes as in 'income' as in the profit from business ....No American is required constitutionally to pay tax on his or her wages.

    And yet you all seem to pay, the unconstitutional, taxes on you wages and defend with vigor the uncontstituional dogdes of the Corperate to pay their required taxes .........Weird ............ So so weird.

    Why don't they pay their taxes ? Because they are cheats.
     
  3. Jack Napier

    Jack Napier Banned

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    Is that true?

    Don't they have their tax taken off, at source?

    And if true, what happens if someone just doesn't pay then - would they have a legal case?
     

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