Year 12s: what will be the first way you research your future options? >>

Big Business is Getting the EU to Force UK to Repay £Billions in Tax Revenues

Major corporations, like British American Tobacco (BAT) have already used the European Court of Justice (ECJ) to force the exchequer to hand over £billions e.g. by arguing that historic tax differentials on revenues flowing from UK vs. EU subsidiaries (dating back to the early 70s, would you believe) constituted 'a barrier to European trade in contravention of the principles of the single market' | Source

(edited 5 years ago)

Reply 1

newpersonage

Original post by Foo.mp3

These refunds use the same mechanism as the EU Corporation tax dodges - cross charging between countries within the EU. In the case of the final dodge (not used here) they export the cross charges out of the EU.

Reply 2

Frank Underwood

It's a sad day when one's source is the Daily Mail

Reply 3

newpersonage

Original post by Frank Underwood

It's a sad day when one's source is the Daily Mail

Try the FT:
http://www.ft.com/cms/s/0/4c3fcd5a-4287-11e5-9abe-5b335da3a90e.html#axzz40Qoqw6S5

Its a sad day when students defend the Establishment as if it were holy. What has happened to us?

Reply 4

newpersonage

Original post by Foo.mp3

Good job, and well said. Youth culture, to include the intellectual modes of the relatively educated, has sadly been becoming evermore vacuous this past generation - to the point that it is almost completely hollowed out :erm: