The European Commission has announced a series of proposals designed to tackle the "scandalous loss of much-needed revenue" EU members suffer through tax evasion and tax avoidance.
These include a tougher stance on tax havens and ways to close loopholes.
Some big companies take advantage of these loopholes to avoid paying millions of euros in tax.
Hige sceal þe heardra, heorte þe cenre, mod sceal þe mare, þe ure mægen lytlað.
Posted 07 December 2012 - 04:47 PM
My God, they've got a nerve! Whining about "much-needed revenue" when billions are being wasted throughout the EU through mismanagement, funding dodgy schemes and lifestyles the rest of can only dream about! Can anybody remember when their accountants last 'signed off' the EU budget?
Somebody show us the exit!
"Gæð a wyrd swa hio scel, ac gecnáwan þín gefá!": "Fate goes ever as she shall, but know thine enemy!".
"I was born with a priceless gift - the ability to laugh at other peoples' troubles" - Dame Edna Everage
"I have often regretted my speech, never my silence." - Xenocrates
Posted 07 December 2012 - 06:23 PM
The Whole concept of the EEC clamping down on something is somewhat laughable but if it suits them they will do it,definately time for the UK to look for the Exit because the Clowns are running the Circus...
"Don't worry about the world coming to an end today. It's already tomorrow in Australia." - Charles Schulz
Danny Alexander has told multinational firms that paying tax is an obligation, not "a voluntary choice" they can make to please their customers.
The chief secretary to the Treasury was speaking in regard to Starbucks, which last week said it would voluntarily pay more UK corporation tax.
Mr Alexander told the BBC's Andrew Marr Show that the government was continuing efforts to tackle tax avoidance.
He said this work was taking place both in the UK and abroad.
In a flat world there is an explanation to everything.
Posted 12 December 2012 - 04:12 PM
keithisco, on 11 December 2012 - 08:35 PM, said:
If it is Legal NOT to pay Tax then what is the problem???
That only some get the benefit of not paying. If your earnings are too small you pay every penny without breaks
A skeptic is a well informed believer and a pessimist a well informed optimist
The most dangerous views of the world are from those who have never seen it. ~ Alexander v. Humboldt If you want to bulls**t me please do it so that it takes me more than a minute to find out
Then "Clamp down" is possibly the wrong term to use as it pre-supposes manipulation of a system that is illegal.
But I get your point, and agree with it. Introduce new Legislation to close these loopholes, you would not believe the amount of tax and Social Security that I have to pay (and yes, I pay it) for myself and my employees. Give all of us SME's a 1 month moratorium each year, on paying these taxes and you would a huge increase in employment