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Old 09-12-2016, 08:58   #3094
Chris
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Re: Post-Brexit Thread

Quote:
Originally Posted by TheDaddy View Post
Good news, if that doesn't boost investor confidence I'd be surprised but then you have to wonder what their motives are behind the move

https://www.theguardian.com/business...-tax-structure
I'd say their motives are pretty clear.

Quote:
The move comes 12 months after Brussels competition officials announced a state aid inquiry into the fast-food chain’s arrangements in Luxembourg, where franchise and royalty fees from across Europe have been pooled for the past seven years.
The EU has been going after American multinationals like some kind of Spanish Inquisition for several years now. Brexit may make the UK an attractive place in which to place their tax affairs beyond its reach.
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