FORUMS FORUMS




  

Home The Sin Bin Mega corporations and tax



Post new topic Reply to topic  [ 60 posts ]  Go to page Previous  1, 2, 3, 4, 5, 6  Next
Author Message
 Post subject: Re: Mega corporations and tax
PostPosted: Mon Jun 16, 2014 8:20 pm 
Player Coach
Club Captain
User avatar

Joined: Jan 10 2009
Posts: 4697
If individuals could opt out of any taxes they would. And if millions of people did that the country would collapse. The government would rightly stop that from happening.

Massive corporations are opting out of paying billions of pounds of taxes and the government are cutting back on public services as a consequence.

Trolls on her claim that the corporations are merely acting sensibly. Don't know why people are feeding the trolls.

I think it's difficult for HMG and the IR to counter big business and their crooked accountants. But they could at least try. But it's far easier for the government to make the individual taxpayer pay even more for a great deal less.

Top
   
 
 Post subject: Re: Mega corporations and tax
PostPosted: Mon Jun 16, 2014 8:30 pm 
International Chairman
Player Coach
User avatar

Joined: Dec 22 2001
Posts: 14845
Lord God Jose Mourinho wrote:If individuals could opt out of any taxes they would. And if millions of people did that the country would collapse. The government would rightly stop that from happening.

Massive corporations are opting out of paying billions of pounds of taxes and the government are cutting back on public services as a consequence.

Trolls on her claim that the corporations are merely acting sensibly. Don't know why people are feeding the trolls.

I think it's difficult for HMG and the IR to counter big business and their crooked accountants. But they could at least try. But it's far easier for the government to make the individual taxpayer pay even more for a great deal less.


38 Degrees have a new campaign against the Transatlantic Trade & Investment Partnership. I confess I have never heard of it but according to them the USA and EU are considering signing it and they say that one ramification is that companies will be able to sue governments who introduce new laws that can impact company profits. This would perhaps seem a way of the USA protecting the interests of all those companies that prefer not to pay tax over here? Seems if it goes ahead it'll be anther assault on democracy - with people through their governments having little say over what happens in their country and instead being at the mercy of potentially rapacious and immoral businesses. So, if say, a new law was brought in against the equivalent of tobacco advertising a foreign company could sue our government (ie us) for loss of profits, even if most of us wanted a ban. The USA and EU have totally destroyed democracy in recent years.

Top
   
 
 Post subject: Re: Mega corporations and tax
PostPosted: Tue Jun 17, 2014 7:29 am 
International Star
Club Captain
User avatar

Joined: Jul 09 2012
Posts: 3605
Location: Leeds
Dally wrote:38 Degrees have a new campaign against the Transatlantic Trade & Investment Partnership. I confess I have never heard of it but according to them the USA and EU are considering signing it and they say that one ramification is that companies will be able to sue governments who introduce new laws that can impact company profits. This would perhaps seem a way of the USA protecting the interests of all those companies that prefer not to pay tax over here? Seems if it goes ahead it'll be anther assault on democracy - with people through their governments having little say over what happens in their country and instead being at the mercy of potentially rapacious and immoral businesses. So, if say, a new law was brought in against the equivalent of tobacco advertising a foreign company could sue our government (ie us) for loss of profits, even if most of us wanted a ban. The USA and EU have totally destroyed democracy in recent years.


Members of Parliament being lobbied and pressurised and often paid (sponsored) to introduce binding laws, rules and regulations that will suit large businesses or private investors with no regard to how this will effect individual citizens ?

Whatever next.






Someday everything is gonna be different, when I paint my masterpiece
----------------------------------------------------------
Online art gallery, selling original landscape artwork
----------------------------------------------------------
JerryChicken - The Blog
----------------------------------------------------------

Top
   
 
 Post subject: Re: Mega corporations and tax
PostPosted: Tue Jun 17, 2014 10:21 am 
Moderator
Moderator
User avatar

Joined: Dec 22 2001
Posts: 14395
Location: Chester
The Australian government is being sued by Philip Morris the tobacco company because the government has introduced a law to force cigarettes to be sold in plain packaging.

The basis of the case is that it infringes a bi-lateral investment agreement with Hong Kong.

So the government decided cigarette packaging was one of the last major marketing tools for an industry that it views as having a direct negative impact on public health so chose to legislate in this way and the response from the company is to try and use a trade agreement to overturn it. It is also citing loss of profit as a valid reason to challenge the law, so profit comes before public health and iof they win the Australian government won't be allowed to act in the public interest on health issues if doing so reduced a companies profits.

This is where we are headed if the TTIP agreement mentioned by Dally goes through as is.

As to this being the EU who will be responsible if it does, don't kid yourselves. Our own corporation friendly government isn't exactly kicking up a fuss in opposition to it.






Last league derby at Central Park 5/9/1999: Wigan 28 St. Helens 20
Last league derby at Knowsley Road 2/4/2010: St. Helens 10 Wigan 18

Top
   
 
 Post subject: Re: Mega corporations and tax
PostPosted: Tue Jun 17, 2014 10:44 am 
International Star
First Team Player

Joined: Aug 03 2013
Posts: 1946
Lord God Jose Mourinho wrote:If individuals could opt out of any taxes they would. And if millions of people did that the country would collapse. The government would rightly stop that from happening.

Massive corporations are opting out of paying billions of pounds of taxes and the government are cutting back on public services as a consequence.

Trolls on her claim that the corporations are merely acting sensibly. Don't know why people are feeding the trolls.

I think it's difficult for HMG and the IR to counter big business and their crooked accountants. But they could at least try. But it's far easier for the government to make the individual taxpayer pay even more for a great deal less.


Crooked? I'm sorry, please can you explain why someone is "crooked" for staying within the boundaries of the law? It's not the accountants or the corporations who are are fault here, its the tax system within the UK and until things are changed (which won't happen) it will carry on being exploited.

Regards

King James






Superleague Titles
Warrington Wolfs - 0
Wakefield Trinity - 0
Leigh Centurions - 0

Budgiezilla wrote:Surely it can only be a player from Catalans. Probably the best RL side I have ever witnessed in this season's comp.

Top
   
 
 Post subject: Re: Mega corporations and tax
PostPosted: Tue Jun 17, 2014 1:20 pm 
Moderator
Moderator
User avatar

Joined: Dec 22 2001
Posts: 14395
Location: Chester
Lebron James wrote:Crooked? I'm sorry, please can you explain why someone is "crooked" for staying within the boundaries of the law?


No one is saying that.

Quote: It's not the accountants or the corporations who are are fault here, its the tax system within the UK and until things are changed (which won't happen) it will carry on being exploited.

Regards

King James


It's been explained to you already.

Schemes set up purely to avoid tax are already illegal. So if the accountants or the corporations come up with schemes designed solely to avoid tax they are acting illegally already.

The problem is lack of enforcement, not staying within the boundaries of the law and lack of enforcement has never been an excuse for behaving in illegal activities.

It seems we have got to the stage where we can no longer expect mega-corporations to behave with probity yet because they get away with it, you seem to think it is OK. Just how stupid is that?

If you knew you could dip your hand in the till of the local corner shop because the shopkeeper left the till unattended you would not do it. You would know it was illegal and equally know it would be morally wrong.

Yet when accountants and corporations behave an in analogous way over tax its the victim who is at fault not the perpetrator.






Last league derby at Central Park 5/9/1999: Wigan 28 St. Helens 20
Last league derby at Knowsley Road 2/4/2010: St. Helens 10 Wigan 18

Top
   
 
 Post subject: Re: Mega corporations and tax
PostPosted: Tue Jun 17, 2014 1:59 pm 
Moderator
Moderator
User avatar

Joined: Dec 22 2001
Posts: 14395
Location: Chester
Lebron James wrote:Except its not an excuse is it. What Vodafone are doing is not only legal, but also acceptable in the eyes of the tax man, UKGAAP, IASB and the companies act 2006. Is it right morally? Probably not, but morality never increased share prices. A company that doesn't consider all stakeholders will not perform very well, generally, but to put the needs of the tax man in front of the needs of its shareholders is suicide!


Few large companies consider all stakeholders these days. The effect it has may well be detrimental but they still do it even in the face of evidence it makes no sense. M&S is a bit of basket case but was once a company that treated its employees well. They are now moving to the zero hours model believe it or not.

The suggestion from Private Eye is also that Vodafone are not behaving legally as the scheme mentioned has one purpose, the avoidance of tax. So it is not a legitimate claim against (for example) R&D expenses or whatever that may be covered by legistlation.

Quote:It's the same for wealthy individuals, who spend 6 months or more out of the country and become non resident, purely to pay their tax at a lower rate in another country. All they are doing are taking advantage of the system and looking after number one.

Why was there no uproar about individuals, creating limited companies, and getting their money out by way of a small weekly wage of , topped up by dividends? that way they pay less tax than they would if they were a sole trader or in a partnership? Whilst its not as lucrative as it once was,they were still exploiting the system, meaning the UK received less tax.


There is! It's been an issue for a long time. I know people who no only pay less tax by doing this but even manage to get fees paid for their children as students due to being classed as low income families. The fact only people who are on PAYE pay their full whack of tax has never been lost on me.

What is ironic is these people are often the first to complain if the likes of the NHS are underfunded.

Quote:We can argue about this all day long, but at the end of the day, every single person would pay less tax if they had the opportunity to do so. Vodafone are no exception.


That is just reductio ad absurdum. If that is true then everyone and every company would aim to pay no tax at all.

I am sure you aren't daft to enough to believe this is a workable situation and however big or small a state you want that some of it must be paid for by taxation.

It is therefore obviously the case that as tax must be collected taxation must be levied and collected fairly.

We already know some companies have achieved zero tax thus transferring the tax burden further toward the individual. So the fact Vodafone wants to pay zero tax is not justified just because that is what they want to do.






Last league derby at Central Park 5/9/1999: Wigan 28 St. Helens 20
Last league derby at Knowsley Road 2/4/2010: St. Helens 10 Wigan 18

Top
   
 
 Post subject: Re: Mega corporations and tax
PostPosted: Wed Jul 09, 2014 9:44 am 
Player Coach
Club Captain
User avatar

Joined: Mar 25 2010
Posts: 4649
Location: BD23
The Times have revealed a few famous names who have invested in the Liberty 'tax strategy'. Great name for a tax strategy that, Liberty.






"Back home we got a taxidermy man. He gonna have a heart attack when he see what I brung him."

Top
   
 
 Post subject: Re: Mega corporations and tax
PostPosted: Wed Jul 09, 2014 4:05 pm 
International Chairman
Player Coach
User avatar

Joined: Dec 22 2001
Posts: 14845
DaveO wrote:
We already know some companies have achieved zero tax thus transferring the tax burden further toward the individual. So the fact Vodafone wants to pay zero tax is not justified just because that is what they want to do.


What I find odd is that such companies moan about infrastructure holding them back and that government should pay for it. I am sorry but why? If their business needs road and rail links then they should pay for it if they don't wish to pay much tax. Why is it the responsibility of Joe Public to not just buy their products and services but to pay higher taxes to help their business be more profitable? Surely if they have a demand for infrastructure they will pay for it themselves or pay a private company to build it for them? Isn't that what free market capitalism dictates? Isn't that what was done in the Victorian era when private capital built railways to mines, etc?

Top
   
 
 Post subject: Re: Mega corporations and tax
PostPosted: Wed Jul 09, 2014 5:33 pm 
International Chairman
Player Coach
User avatar

Joined: Jun 19 2002
Posts: 14970
Location: Campaigning for a deep attacking line
Dally wrote:What I find odd is that such companies moan about infrastructure holding them back and that government should pay for it. I am sorry but why? If their business needs road and rail links then they should pay for it if they don't wish to pay much tax. Why is it the responsibility of Joe Public to not just buy their products and services but to pay higher taxes to help their business be more profitable? Surely if they have a demand for infrastructure they will pay for it themselves or pay a private company to build it for them? Isn't that what free market capitalism dictates? Isn't that what was done in the Victorian era when private capital built railways to mines, etc?

Interestingly, in Germany (or at least in certain parts of it) if a company wants to open a big warehouse/factory/supermarket or build a big housing estate they are generally made to build/improve the infrastructure of the surrounding area in a significant way.
It seems to help them have more of a tie or relationship to the area when they've invested in more than just the building that they actually own.

Top
   
 
Display posts from previous:  Sort by  
Post new topic Reply to topic  [ 60 posts ]  Go to page Previous  1, 2, 3, 4, 5, 6  Next





It is currently Wed Feb 19, 2025 8:16 pm


Who is online

Users browsing this forum: No registered users and 184 guests


You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot post attachments in this forum

Search for:
Jump to:  


It is currently Wed Feb 19, 2025 8:16 pm
RLFANS Recent Posts
FORUM
LAST
POST
TOPIC
POSTER
POSTS
1m
Forum at The Shay
Listenup94
7
6m
Social Media
djcool
38
6m
2025 Southstandercom Prediction Competition Week 2
Sarahgrhino
12
11m
Wigan Warriors - Home
Hullrealist
87
25m
DoR - New Coach - Investor & Adam - New signings
The Dentist
5079
29m
Film game
karetaker
7933
29m
Challenge Cup draw
Moe syslak
8
30m
BORED The Band Name Game
karetaker
65194
52m
Game - Song Titles
Wanderer
41777
59m
RD2 Salford Red Devils A
ArthurClues
38
60m
Barrow at home
Ilkley Fax
74
Recent
Squad Numbers 2025
the-bearded-
12
Recent
Challenge Cup 2025 - Fourth Round Draw
ComeOnYouUll
10
Recent
HUGE News Announcement at 230 Tomorrow
Trojan Horse
73
Recent
New signing - Noah High
Big lads mat
7
FORUM
LAST
VIEW
TOPIC
POSTER
POSTS
0s
Game - Song Titles
Wanderer
41777
0s
Sheffield away
Brew
36
0s
Hull FC A
NickyKiss
8
0s
Squad for Catalan
karetaker
12
1s
DoR - New Coach - Investor & Adam - New signings
The Dentist
5079
1s
Salford
BOSS HOG
178
2s
BORED The Band Name Game
karetaker
65194
4s
Catalans Away - 14th Feb
Jake the Peg
383
6s
New signing - Noah High
Big lads mat
7
7s
Challenge Cup 2025 - Fourth Round Draw
apollosghost
2
9s
Barrow at home
Ilkley Fax
74
21s
Leeds v Wakefield
DMF
196
26s
Forum at The Shay
Listenup94
7
30s
Film game
karetaker
7933
35s
Wigan Warriors - Home
Hullrealist
87
FORUM
NEW
TOPICS
TOPIC
POSTER
POSTS
TODAY
Forum at The Shay
Listenup94
7
TODAY
Matchday Food and Drink
karetaker
2
TODAY
Lewis Murphy
FIL
5
TODAY
Squad for Catalan
karetaker
12
TODAY
Hull FC A
NickyKiss
8
TODAY
Improving crowds
Deadcowboys1
5
TODAY
Lee Kershaw
Dr Dreadnoug
13
TODAY
HUGE News Announcement at 230 Tomorrow
Trojan Horse
73
TODAY
New signing - Noah High
Big lads mat
7
TODAY
RD2 Salford Red Devils A
ArthurClues
38
TODAY
New Disciplinary Process
Warrior Wing
5
TODAY
Round 2 - Hunslet A
Bullseye
10
TODAY
Hull KR at home this Thursday evening
wrencat1873
34
TODAY
After match tv
Trojan Horse
5
TODAY
Vs Warrington
Murphy
4
TODAY
Who is available
Droopy
4
TODAY
2025 Southstandercom Prediction Competition Week 2
Sarahgrhino
12
TODAY
The Bench - Kris Radlinski
Mark_P1973
11
TODAY
Other Championship Teams
Rafa9
8
TODAY
Pele
Highlander
6
TODAY
lilley
tigertot
11
TODAY
Huddersfield H
RugbyEgg
1
TODAY
Wigan Warriors - Home
Hullrealist
87
TODAY
Goole Vikings
Rugby Raider
5
TODAY
Next week v Fev
Deadcowboys1
8
TODAY
Warrington Wolves Off To A Winning Start Over the Huddersfield Giants
RLFANS News
1
TODAY
Ronan Michael podcast
Bullseye
1
NEWS ITEMS
VIEWS
Warrington Wolves Off To A Win..
398
St Helens Record Highest Winni..
550
Challenge Cup 2025 - Fourth Ro..
830
Wakefield Trinity Mark Return ..
609
Hull FC Start Season With Big ..
408
Leigh Leopards Win Golden Poin..
663
Bradford Bulls Spring Cup Shoc..
842
Hull FC Overcome Brave York Ac..
845
Easy Cup Progress For The Rhin..
894
Easy For Hull KR against Valia..
827
Betfred Super League Season Se..
1038
Thirteen Try York Knights Set ..
996
Comfortable Ash Handley Testim..
1633
Workington Town Set Up Leigh L..
1419
Historic Goole Vikings Win Ove..
1490
RLFANS Match Centre
Matches on TV
Thu 20th Feb
SL
20:00
Wakefield - Hull KR
Fri 21st Feb
SL
20:00
Warrington-Catalans
SL
20:00
Hull FC-Wigan
Sat 22nd Feb
SL
15:00
Salford-Leeds
SL
20:00
Castleford-St.Helens
Sun 23rd Feb
SL
14:30
Leigh-Huddersfield
Fri 28th Feb
SL
20:00
Huddersfield-Hull FC
SL
20:00
Hull KR-Salford
SL
20:00
Leigh-Catalans
Sat 1st Mar
SL
14:30
Wakefield - St.Helens
SL
21:30
Wigan-Warrington
Sun 2nd Mar
SL
15:00
Leeds-Castleford
Thu 6th Mar
SL
20:00
Hull FC-Leigh
Fri 7th Mar
SL
20:00
Castleford-Salford
SL
20:00
St.Helens-Hull KR
Sat 8th Mar
SL
17:30
Catalans-Leeds
Sun 9th Mar
SL
17:30
Warrington - Wakefield
SL
17:30
Wigan-Huddersfield
Thu 20th Mar
SL
20:00
Salford-Huddersfield
Fri 21st Mar
SL
20:00
St.Helens-Warrington
Sun 16th Feb
SL 1 Huddersfield12-20Warrington
CH 1 Bradford20-6LondonB
CH 1 Featherstone22-4Doncaster
CH 1 Oldham50-4York
CH 1 Sheffield14-28Halifax
CH 1 Barrow36-12Hunslet
1895 0 Goole V26-18Crusaders
1895 0 Workington10-18Dewsbury
1895 0 Rochdale18-16Swinton
1895 0 Keighley7-6Midlands
Sat 15th Feb
SL1 Leeds12-14Wakefield
SL 1 St.Helens82-0Salford
CH 1 Toulouse14-18Widnes
Fri 14th Feb
SL 1 Hull KR19-18Castleford
SL 1 Catalans4-24Hull FC
Thu 13th Feb
SL 1 Wigan0-1Leigh
Sun 9th Feb
CC2025 3 Bradford18-16Castleford
CC2025 3 Featherstone68-0Ince R
CC2025 3 Hunslet6-34Huddersfield
CC2025 3 Midlands10-46Salford
RLFANS Recent Posts
FORUM
LAST
POST
TOPIC
POSTER
POSTS
1m
Forum at The Shay
Listenup94
7
6m
Social Media
djcool
38
6m
2025 Southstandercom Prediction Competition Week 2
Sarahgrhino
12
11m
Wigan Warriors - Home
Hullrealist
87
25m
DoR - New Coach - Investor & Adam - New signings
The Dentist
5079
29m
Film game
karetaker
7933
29m
Challenge Cup draw
Moe syslak
8
30m
BORED The Band Name Game
karetaker
65194
52m
Game - Song Titles
Wanderer
41777
59m
RD2 Salford Red Devils A
ArthurClues
38
60m
Barrow at home
Ilkley Fax
74
Recent
Squad Numbers 2025
the-bearded-
12
Recent
Challenge Cup 2025 - Fourth Round Draw
ComeOnYouUll
10
Recent
HUGE News Announcement at 230 Tomorrow
Trojan Horse
73
Recent
New signing - Noah High
Big lads mat
7
FORUM
LAST
VIEW
TOPIC
POSTER
POSTS
0s
Game - Song Titles
Wanderer
41777
0s
Sheffield away
Brew
36
0s
Hull FC A
NickyKiss
8
0s
Squad for Catalan
karetaker
12
1s
DoR - New Coach - Investor & Adam - New signings
The Dentist
5079
1s
Salford
BOSS HOG
178
2s
BORED The Band Name Game
karetaker
65194
4s
Catalans Away - 14th Feb
Jake the Peg
383
6s
New signing - Noah High
Big lads mat
7
7s
Challenge Cup 2025 - Fourth Round Draw
apollosghost
2
9s
Barrow at home
Ilkley Fax
74
21s
Leeds v Wakefield
DMF
196
26s
Forum at The Shay
Listenup94
7
30s
Film game
karetaker
7933
35s
Wigan Warriors - Home
Hullrealist
87
FORUM
NEW
TOPICS
TOPIC
POSTER
POSTS
TODAY
Forum at The Shay
Listenup94
7
TODAY
Matchday Food and Drink
karetaker
2
TODAY
Lewis Murphy
FIL
5
TODAY
Squad for Catalan
karetaker
12
TODAY
Hull FC A
NickyKiss
8
TODAY
Improving crowds
Deadcowboys1
5
TODAY
Lee Kershaw
Dr Dreadnoug
13
TODAY
HUGE News Announcement at 230 Tomorrow
Trojan Horse
73
TODAY
New signing - Noah High
Big lads mat
7
TODAY
RD2 Salford Red Devils A
ArthurClues
38
TODAY
New Disciplinary Process
Warrior Wing
5
TODAY
Round 2 - Hunslet A
Bullseye
10
TODAY
Hull KR at home this Thursday evening
wrencat1873
34
TODAY
After match tv
Trojan Horse
5
TODAY
Vs Warrington
Murphy
4
TODAY
Who is available
Droopy
4
TODAY
2025 Southstandercom Prediction Competition Week 2
Sarahgrhino
12
TODAY
The Bench - Kris Radlinski
Mark_P1973
11
TODAY
Other Championship Teams
Rafa9
8
TODAY
Pele
Highlander
6
TODAY
lilley
tigertot
11
TODAY
Huddersfield H
RugbyEgg
1
TODAY
Wigan Warriors - Home
Hullrealist
87
TODAY
Goole Vikings
Rugby Raider
5
TODAY
Next week v Fev
Deadcowboys1
8
TODAY
Warrington Wolves Off To A Winning Start Over the Huddersfield Giants
RLFANS News
1
TODAY
Ronan Michael podcast
Bullseye
1
NEWS ITEMS
VIEWS
Warrington Wolves Off To A Win..
398
St Helens Record Highest Winni..
550
Challenge Cup 2025 - Fourth Ro..
830
Wakefield Trinity Mark Return ..
609
Hull FC Start Season With Big ..
408
Leigh Leopards Win Golden Poin..
663
Bradford Bulls Spring Cup Shoc..
842
Hull FC Overcome Brave York Ac..
845
Easy Cup Progress For The Rhin..
894
Easy For Hull KR against Valia..
827
Betfred Super League Season Se..
1038
Thirteen Try York Knights Set ..
996
Comfortable Ash Handley Testim..
1633
Workington Town Set Up Leigh L..
1419
Historic Goole Vikings Win Ove..
1490


Visit the RLFANS.COM SHOP
for more merchandise!












.