questionmark Posted November 13, 2012 #1 Share Posted November 13, 2012 The US companies were branded a disgrace by MPs who uncovered information about Starbucks’ “sweetheart deal” with Dutch tax authorities and attacked Amazon in the face of revelations about a $252m (£142m) French tax probe. The fiery exchange, led by Public Accounts Committee chairman Margaret Hodge, saw all three companies accused of siphoning profits away from Britain by using a complex web of accounting strategies that were cynical and “unjust”. “We are not accusing you of being illegal,” said Mrs Hodge, “we are accusing you of being immoral.” MPs also expressed shock at revelations that Starbucks had signed a secret deal in the Netherlands – where it has its European headquaters – to pay a discount rate of corporation tax. The PAC demanded Starbucks finance chief Troy Alstead substantiate claims that the terms of the agreement meant he was unable to detail the rate. Read more Link to comment Share on other sites More sharing options...
Space Commander Travis Posted November 13, 2012 #2 Share Posted November 13, 2012 starbucks in iour nearly-local town (the one over the hill) closed just recently. could this be the beginning of the end? I can't wait to find out! Link to comment Share on other sites More sharing options...
stevewinn Posted November 13, 2012 #3 Share Posted November 13, 2012 immoral, but the truth is they haven't broken any rules. which raises the question why didn't the government change the rules to stop the 'immoral' behaviour? in the first place. so the blame for me lies with the government. 5 Link to comment Share on other sites More sharing options...
freetoroam Posted November 13, 2012 #4 Share Posted November 13, 2012 They think that is immoral? What the MP`s do is immoral (illegal) in the UK! what the rich Greeks have done in Greece is immoral (illegal)! What the Mrs Smith in no24 down the street done with the milkman is immoral! 2 Link to comment Share on other sites More sharing options...
karmakazi Posted November 13, 2012 #5 Share Posted November 13, 2012 All corporations are immoral... 2 Link to comment Share on other sites More sharing options...
Simbi Laveau Posted November 13, 2012 #6 Share Posted November 13, 2012 But Starbucks loves us a latte ! Link to comment Share on other sites More sharing options...
Hasina Posted November 13, 2012 #7 Share Posted November 13, 2012 'How dare corporations find loopholes to not have to pay for things and to make more money! That's our job!' -Politicians all over the world. 3 Link to comment Share on other sites More sharing options...
Eldorado Posted November 13, 2012 #8 Share Posted November 13, 2012 immoral, but the truth is they haven't broken any rules. which raises the question why didn't the government change the rules to stop the 'immoral' behaviour? in the first place. so the blame for me lies with the government. Yep, they need to wake up and smell the coffee. (lol) 2 Link to comment Share on other sites More sharing options...
Clarakore Posted November 13, 2012 #9 Share Posted November 13, 2012 http://bit.ly/PRwMAl Link to comment Share on other sites More sharing options...
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