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Panasonic to move Europe headquarters from UK to Amsterdam

bbc.com

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Re: Panasonic to move Europe headquarters from UK to Amsterdam

#6
post #2

Not the first, and won't be the last. We have to stop this madness.

We can either stop this madness or accept the results of a democratic referendum.

A democratic referendum can be rigged by the emotions ruling at the moment of said referendum. You'd think if it would be repeated it would get the same outcome?

Re: Panasonic to move Europe headquarters from UK to Amsterdam

#7
“In the case of Panasonic, it’s concerned that if the U.K. gets designated a tax-haven by Japan it could be saddled with back taxes back home. So moving to stay regionally headquartered within the European Union removes that risk.” . Eh? Obama called he Netherlands a tax haven as well. Wikipedia: “The Netherlands has been known internationally, since at least the 1970s, as a tax haven”. Source: https://en.m.wikipedia.org/wiki/Corporate_tax_in_the_Netherl...

Re: Panasonic to move Europe headquarters from UK to Amsterdam

#9
post #5
post #2

Not the first, and won't be the last. We have to stop this madness.

You can't stop it. Even if Brexit was reversed - which I doubt even possible - Britain has been shown to be a source of political risk. That isn't going away.

Of course you can stop it. UK Parliament would just need to annul the Article 50 withdrawal bill. But the question is whether there is the political will to do so.

It's very tricky because Brexiteers/Remainers cut across both Labour and the Tories and yet the party members are expected to toe the party line. Which results in an impasse.

Re: Panasonic to move Europe headquarters from UK to Amsterdam

#10
post #2

Not the first, and won't be the last. We have to stop this madness.

We can either stop this madness or accept the results of a democratic referendum.

If there was another vote to reverse the Brexit-decision and people voted for that in majority, you could stop the madness and accept the results. Things change. Being stubborn is rarely the best option.
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