Among those who are presently saying that Google, Apple and Starbucks
(among many others) are "immoral" because they evade corporation
taxes which they don't strictly need to pay, I would like to know of
a single individual who actually does pays more than he needs to. A
few exceptions who may want to remain anonymous may exist but I
rather think it's very doubtful.
In principle there's a simple solution. The UK Treasury (and all
other national Treasuries which also complain of "immoral" behaviour
by business) have only got to alter their taxation legislation. In
practice, though, this is already impossible because tax law in all
countries is by now already close to the limit of comprehension, even
by Treasuries' own accountants and lawyers. Besides, if the UK (or
another) Treasury Department were to devise totally foolproof
legislation then where would early-retiring civil servants go to in
order to earn even higher salaries than previously?
And, on top of all that, all Treasury Departments of advanced
countries are also engaged in trying to undercut the taxation demands
of other countries as they apply to the world-wide operations of
corporations such as Google, etc. The plain fact is that whatever
clever schemes senior personnel of Treasury Departments may devise,
cleverer ones will always be possible once their progenitors take up
their new "consultancy" occupations with the likes of Google, etc.
Keith
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