BrainKing - Vestlusgrupid (Politics)

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Politics

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Režiim: Igaüks võib postitada

Näita vanemaid sõnumeid enne

4. november 2012, 22:21:50

Mort

näita selle kasutaja postitusi | näita jutulõime | link

Mort toimetatud (4. november 2012, 22:23:08)

Apple paid $713m (£445m) in the year to 29 September on foreign pre-tax profits of $36.8bn (£23.0bn), a rate of 1.9%. It is the latest company to be identified as paying low rate of overseas tax, following Starbucks, Facebook and Google in recent weeks. It has not been suggested that any of their tax avoidance schemes are illegal.

All of the companies do pay considerable amounts of other taxes in the UK such as National Insurance and raise large sums of VAT. Apple's figures for foreign tax appear on page 61 of its form 10k filing with the Securities and Exchange Commission (SEC).

It had paid a rate of 2.5% the previous year.

Apple channels much of its business in Europe through a subsidiary in the Republic of Ireland, which has lower corporation tax than Britain.But even Ireland charges 12.5%, compared with Britain's 24%.

Many multinational companies manage to pay substantially below the official corporation tax rates by using tax havens such as Caribbean islands.

So.. there we have it. It's not so much the rates are too high. Just companies want to do as much as possible, to avoid paying set rates .... as low as 12%.

If an individual who was self employed tried that.... They'd be facing fines and charges for defrauding HMRC.

If companies (as Romney says) are people.... Then they should be treated as such.

But I'm told (here) that such an attitude is wrong and that these 'people' are above the law of the land.