Jump to content

Rule bending?


observer

Recommended Posts

It's always been the case, that capitalism is international; thus corporations will seek out those countries where they can maximise profit, by minimising costs. We could always join this race to the bottom, in terms of pay and conditions, and tax requirements; and join the third world. :roll:

Link to comment
Share on other sites

  • 2 weeks later...

The latest contender is the Ritz which has paid zero tax in the last 17 years. Other companies owned by the Barclay twins have also managed to get money back on VAT, Littlewoods being one that has managed to get back £450 million in back vat. The company that manages the twins holdings is also putting a test case through the courts to claim back about £1 bn in accrued interest on the money they are "owed". If successful this government could be in for a flood of similar claims.

 

Seems Nero was an amateur when it came to fiddling :rolleyes:

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
×
×
  • Create New...