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Old 16-04-2020, 19:45   #325
jfman
Architect of Ideas
 
Join Date: Dec 2004
Posts: 11,146
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jfman has a nice shiny star
Re: Changes on the High Street

Quote:
Originally Posted by nomadking View Post
Amazon aren't doing anything tax-wise that others haven't been doing for decades. There is nothing stopping any company(eg franchises such as McDonalds) or individual(eg pop stars) shifting their intellectual property rights to any country in the world, including non-EU ones. They are in essence FOREIGN companies.
Where Amazon sell their own physical products, Amazon UK merely stores and delivers them on behalf of Amazon EU SarL. Amazon UK charges Amazon EU for that service and applies UK tax on on those charges. No different to if somebody in the UK, charges commission for arranging a delivery of a Mercedes from Germany.
Common practice doesn't make it a modern, progressive application of our tax system. Slavery was common practice, as was the death penalty.

Why would you, a Brexit supporter if I recall, prefer the Dutch government (or any other for that matter) to gain tax revenues over ours for what are fundamentally transactions in the UK? The mind absolutely boggles.

Last edited by jfman; 16-04-2020 at 19:48.
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