Originally posted by AtW
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Taxes - what taxes
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Let us not forget EU open doors immigration benefits IT contractors more than anyone -
Originally posted by Mich the Tester View PostYes, and hire IT contractors to build and test all that mathematical tulipe they run on superfast servers.Let us not forget EU open doors immigration benefits IT contractors more than anyoneComment
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Originally posted by DodgyAgent View PostThey hire a lot of highly skilled Java developers.
And shouldn't the Tories be aiming to make the UK a low tax economy that attracts international trade instead of threatening businesses with all sorts of investigations? Look at the competition over here in Euroland; overtaxed, overregulated and generally falling asleep.And what exactly is wrong with an "ad hominem" argument? Dodgy Agent, 16-5-2014Comment
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Originally posted by DodgyAgent View PostThey hire a lot of highly skilled Java developers.And what exactly is wrong with an "ad hominem" argument? Dodgy Agent, 16-5-2014Comment
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There's a difference.
I've nothing against the corp tax rate being ultra low in the UK and all companies benefit from it VS mega corps shifting costs and profits to tax havens whilst milking the UK and paying peanuts to the workers.
If it's okay for Starbucks to make a profit in the UK but call it a loss here and declare it overseas then it should be okay for all UK companies to do likewise, big or small.
And anyone who says Starbucks can't turn a profit charging £3 for a cup of coffee is a cretin.Comment
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Originally posted by DodgyAgent View Postwhy should they pay taxes on profits that they are not legally obliged to pay?
Artificial schemes that involve offshore locations with main or sole purpose to reduce tax should be deemed by courts as tax evasion.
The directors of companies should focus on increasing profits of their companies in any legal way other than cutting taxes due on those profits.Comment
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Originally posted by DimPrawn View PostIf it's okay for Starbucks to make a profit in the UK but call it a loss here and declare it overseas then it should be okay for all UK companies to do likewise, big or small.And what exactly is wrong with an "ad hominem" argument? Dodgy Agent, 16-5-2014Comment
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Originally posted by Mich the Tester View PostThere are probably many others who are based in the UK but whose customers are mostly elsewhere, especially trading companies in minerals, chemicals, raw materials, shipbrokers and so on.
I say give 'em low corp tax rate of 10% on these profits to keep these companies in the UK - offset corp tax they pay in those overseas countries ( )Comment
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Originally posted by AtW View PostIf they make profits in UK where they are based (tax resident) then they should expect to pay corp tax on them.
Artificial schemes that involve offshore locations with main or sole purpose to reduce tax should be deemed by courts as tax evasion.
The directors of companies should focus on increasing profits of their companies in any legal way other than cutting taxes due on those profits.Let us not forget EU open doors immigration benefits IT contractors more than anyoneComment
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Originally posted by DodgyAgent View PostKing Canute style you are trying to apply an old fashion solution to a modern problem. Instead of taking a simple binary argument and clumsily applying it to a problem why do you not use your not inconsiderable brain to coming up with a modern solution to a modern problem (globalisation) instead of simply "stopping something" that will have considerable unintended consequences (or have you not thought of those?
Let HMR&C have a "deemed" UK profit (random large number) and send these companies a tax bill, retrospective, guilty until proved innocent. Let's see how they like it up 'em.
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