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Old 16-04-2020, 18:19   #320
jfman
Architect of Ideas
 
Join Date: Dec 2004
Posts: 11,146
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Re: Changes on the High Street

Quote:
Originally Posted by nomadking View Post
1) Amazon provide goods that are sold by other businesses. Those other businesses then pay tax.
Can I get my wages paid to me gross then, after all I buy goods and services off people who in turn pay tax.

An absolutely ludicrous analysis.

Quote:
2) Which tax haven are the royalty payments sent to? The Netherlands isn't a tax haven.

3) Royalty payments of Intellectual Property covers a lot more than just Amazon or Google.
4) The centralisation of royalty payments is an obvious simplification by Amazon et al. Why deal with dozens of tax regimes, when you can deal with just one. Just plain common sense.
5) Amazon provide a huge amount of items that are on sale NOWHERE else. Eg Want an HDMI cable? High street says limited choice and high prices. Apart from anything else, the physical stores can't provide enough space for the range of items available.
6) Where are the costs of providing the Intellectual Property or Servers centres(Google) offset against?
7) They are effectively foreign companies. Just as, a car made by Mercedes in Germany will not have UK tax applied against it.
Then the tax system needs reformed to capture the change in consumption with increased sales taxes on goods and services. After all, that's in our gift. That's why we voted Brexit wasn't it - no pesky EU rules dictating our cross border trade.
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