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Should the UK leave the European Union?
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Wiggo Send message Joined: 24 Jan 00 Posts: 36542 Credit: 261,360,520 RAC: 489 |
Are you implying that UK based finance companies are doing more illegal things that those in other countries? Thankfully a lot of countries are pushing to have those tax haven loopholes closed and hopefully they'll win. Cheers. |
Мишель Send message Joined: 26 Nov 13 Posts: 3073 Credit: 87,868 RAC: 0 |
You do realise that Amazon in 2012 paid only £2.4M in tax to the UK government on sales of over £4Billion, because of the way it has it's business arrangements in Luxemburg, where it says it is paying it's EU taxes, but it doesn't**. And it had the cheek to get £2.5M in subsidies to expand the warehouse in Scotland. So how will quitting the EU fix this? Corporations will still move their taxes around, looking for the lowest rates to pay, regardless of your status as an EU member. But at least with the EU, it would be possible to set up Europe wide tax rules. |
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