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Old 22-04-2020, 10:07   #338
nomadking
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Re: Changes on the High Street

Quote:
Originally Posted by tweetiepooh View Post
Denmark looks like it has the idea with excluding companies registered in tax-havens from new relief. In other words, if you've been paying you way you can get help. They also have added things about dividends and other trades for next 2 years.

This seems an eminently balanced way of looking at things.
If it's a product provided or service from within a country, then the business is taxed within that country. If it is provided from OUTSIDE the country, then it is NOT taxable within that country. Apart from anything else, the COST of providing that product or service has also occurred OUTSIDE the country. Tax havens are used to send money that has ALREADY been taxed. Eg Business owner owns business that operates in country X, the business pays tax in country X, any money left over, may or may not, be sent to a tax haven.
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