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Thread: Tax Avoidance Agreement

  1. #1

    Tax Avoidance Agreement

    Massive

    Itís clear you canít encourage companies to pay the correct tax, and itís also clear the public will follow their pockets.

    Even though there will always be loopholes - This will shake up companies for a good while and hopefully will be built on.

    G7: Rich nations back deal to tax multinationals https://www.bbc.co.uk/news/world-57368247

  2. #2

    Re: Tax Avoidance Agreement

    Quote Originally Posted by WJ99mobile View Post
    Massive

    Itís clear you canít encourage companies to pay the correct tax, and itís also clear the public will follow their pockets.

    Even though there will always be loopholes - This will shake up companies for a good while and hopefully will be built on.

    G7: Rich nations back deal to tax multinationals https://www.bbc.co.uk/news/world-57368247
    It's a small step in the right direction but the UK were dragged into it..


    How about a new rule that ALL elected public servants are prohibited from having offshore account and all of their businesses must be registered in the UK and paying UK tax.

    Also, I think it's time to democratise corporations... Capatalism doesn't work for the many, just the few. Time for an adjustment.

  3. #3

    Re: Tax Avoidance Agreement

    It also makes it easier for companies to move out of the UK thereby the UK will lose out on the tax it currently receives.

  4. #4

    Re: Tax Avoidance Agreement

    Quote Originally Posted by AfricanBluebird View Post
    It's a small step in the right direction but the UK were dragged into it..


    How about a new rule that ALL elected public servants are prohibited from having offshore account and all of their businesses must be registered in the UK and paying UK tax.

    Also, I think it's time to democratise corporations... Capatalism doesn't work for the many, just the few. Time for an adjustment.

  5. #5

    Re: Tax Avoidance Agreement

    Quote Originally Posted by AfricanBluebird View Post
    It's a small step in the right direction but the UK were dragged into it..


    How about a new rule that ALL elected public servants are prohibited from having offshore account and all of their businesses must be registered in the UK and paying UK tax.

    Also, I think it's time to democratise corporations... Capatalism doesn't work for the many, just the few. Time for an adjustment.
    Who said that the UK were dragged into it????

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