Quote:
Originally Posted by Hugh
And the reason for these changes...
https://www.theneweuropean.co.uk/top...f-eu-1-5669763
I asked my friend* (who is a Tax Partner with one of the "Big 4" about these changes, and he thinks they are a good idea, and will discourage the behaviours listed above.
*we are also god-parents to each others children, and go on holiday together (next year is a Florida road trip... |
Still nothing to do with the spurious allegations.
Amazon DOESN'T avoid tax. The only thing it sells, is the service of marketing, selling, and delivering for OTHERS. It pays tax on those profits. It just so happens as with ANY other UK based company, the large startup costs affect the taxable profits. Those OTHERS are the ones liable for tax on the actual product sales. Just as if Tescos, instead of buying Heinz baked beans from Heinz, simply put them on the shelves on behalf of Heinz, charging them a fee for doing so.