Quizzes & Puzzles45 mins ago
What's Happenning With This Whole Eu Tax Evasion Game?
10 Answers
The screaming Lords have to forced to recover their own Tax...
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Can't the EU come of with something sensible to stop these companies taking the ***?
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Can't the EU come of with something sensible to stop these companies taking the ***?
Answers
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If they are doing this legally, that the law is an ass. Change the laws to stop this happening. One good aspect of being in the EU, is that this can be done in a number of different countries at the same time.
If Starbucks won't pay their proper tax, than close them down with immediate effect. I am certain that Starbucks don't have a monopoly on selling cups of ruddy coffee in Holland, or over here.
Let people buy their very expensive coffee and even more very expensive cake somewhere else.
If Starbucks won't pay their proper tax, than close them down with immediate effect. I am certain that Starbucks don't have a monopoly on selling cups of ruddy coffee in Holland, or over here.
Let people buy their very expensive coffee and even more very expensive cake somewhere else.
"One good aspect of being in the EU, is that this can be done in a number of different countries at the same time"
Oh no it isn't, otherwise it might have happened before now. This 'Starbucks' situation happens because sovereign EU countries have always had the right to determine tax rates in their own country, and Holland and Ireland choice to charge corporation tax at lower rates than other countries.
The issue is then that multinationals who operate in most of these countries control the inter-company pricing regimes between each of their national subsidiaries, so that little profit is made in high-taxing countries (e.g. UK) and large profits are made in smaller-taxing countries such as Ireland or Holland.
To stop that requires enough EU collaboration within all the countries to demand transparency in inter-company pricing. Sounds fine in theory but devilishly difficult and time consuming for each national tax collector to prove.
In some markets, consumer pressure may be a more effective pressure system on these companies.
Oh no it isn't, otherwise it might have happened before now. This 'Starbucks' situation happens because sovereign EU countries have always had the right to determine tax rates in their own country, and Holland and Ireland choice to charge corporation tax at lower rates than other countries.
The issue is then that multinationals who operate in most of these countries control the inter-company pricing regimes between each of their national subsidiaries, so that little profit is made in high-taxing countries (e.g. UK) and large profits are made in smaller-taxing countries such as Ireland or Holland.
To stop that requires enough EU collaboration within all the countries to demand transparency in inter-company pricing. Sounds fine in theory but devilishly difficult and time consuming for each national tax collector to prove.
In some markets, consumer pressure may be a more effective pressure system on these companies.
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