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

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    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
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    (Original post by Foo.mp3)
    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
    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.
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    (Original post by newpersonage)
    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
    The ECJ is not, to my knowledge, ruling that the UK should have been levying the same tax rate but, rather, that tax rates should have been applied consistently across UK-Euopean operations.* Won't be long before (a federated) Europe attempts to wrest fiscal powers from sovereigns, mind
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    It's a sad day when one's source is the Daily Mail
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    (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-4...#axzz40Qoqw6S5

    Its a sad day when students defend the Establishment as if it were holy. What has happened to us?
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    (Original post by Frank Underwood)
    It's a sad day when one's source is the Daily Mail
    When ones raises as many (contentious) issues as I, it's a near inevitability that one will, sooner or later, cite the DM :yy:

    You'll get over it
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    (Original post by newpersonage)
    Try the FT:
    http://www.ft.com/cms/s/0/4c3fcd5a-4...#axzz40Qoqw6S5

    Its a sad day when students defend the Establishment as if it were holy. What has happened to us?
    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:
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    (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:
    Maybe its the influence of the media and the idea of globalization. People feel helpless. It is time to rebel.
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    (Original post by newpersonage)
    Maybe its the influence of the media and the idea of globalization. People feel helpless. It is time to rebel
    It's the pseudo-progressive Guardianista narrative, for which cultural opinion leaders in the media/education/politics (and, in some cases, their global capitalist paymasters) are indeed to blame. It's time to take the power back, for sure, although this is difficult without PR and the powers that be have made sure that we have little chance of seeing electoral reform within our lifetimes (whether concerned citizens rebel or not) :sad:
 
 
 
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