Thursday, February 21, 2013 11:39:38 PM
In Britain .. Taxman names and shames small firms... while the corporate giants are STILL going unpunished .. two bits ..
Easy targets: Richard Murphy, of Tax Research, said the list was
'straightforward hypocrisy' which was simply 'identifying plumbers
and hairdressers when it should be naming global corporations'
and
The tax owed by the nine on the list amounted to less than £1million – far less than the
£5billion understood to be lost every year because of aggressive tax avoidance by big corporations.
Starbucks, Amazon and Google have all come under fire in recent months for complicated tax avoidance schemes.
Coffee chain Starbucks had sales of £400million in the UK last year – but paid no corporation tax.
Web firm Amazon, which had sales of £3.4billion in 2011, only paid
£1.8million while Google paid just £6million out of UK turnover of £395million.
Speaking in Bombay on Monday, Mr Cameron likened ‘aggressive’ forms
of tax avoidance by multinational companies to illegal tax evasion.
‘I think there is a legitimate debate to say very aggressive forms of avoidance are not appropriate,’ he said.
‘And particularly, in a country which has set a very low tax rate, it is fair to ask people to pay it.’
http://www.dailymail.co.uk/news/article-2282441/HMRC-names-shames-tax-dodgers-stop-people-defaulting-payments.html?ICO=most_read_module
as in USA and about every country in the world. It's not right.
Easy targets: Richard Murphy, of Tax Research, said the list was
'straightforward hypocrisy' which was simply 'identifying plumbers
and hairdressers when it should be naming global corporations'
and
The tax owed by the nine on the list amounted to less than £1million – far less than the
£5billion understood to be lost every year because of aggressive tax avoidance by big corporations.
Starbucks, Amazon and Google have all come under fire in recent months for complicated tax avoidance schemes.
Coffee chain Starbucks had sales of £400million in the UK last year – but paid no corporation tax.
Web firm Amazon, which had sales of £3.4billion in 2011, only paid
£1.8million while Google paid just £6million out of UK turnover of £395million.
Speaking in Bombay on Monday, Mr Cameron likened ‘aggressive’ forms
of tax avoidance by multinational companies to illegal tax evasion.
‘I think there is a legitimate debate to say very aggressive forms of avoidance are not appropriate,’ he said.
‘And particularly, in a country which has set a very low tax rate, it is fair to ask people to pay it.’
http://www.dailymail.co.uk/news/article-2282441/HMRC-names-shames-tax-dodgers-stop-people-defaulting-payments.html?ICO=most_read_module
as in USA and about every country in the world. It's not right.
It was Plato who said, “He, O men, is the wisest, who like Socrates, knows that his wisdom is in truth worth nothing”
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