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US tech firms make eleventh-hour attempt to halt tax avoidance reforms

theguardian.com

1–10 of 55 posts

Re: US tech firms make eleventh-hour attempt to halt tax avoidance reforms

#3
post #2

Let's call these "reforms" for what they are - a shameless and unjustified money grab by the government.

Can you explain your comment a little bit?

From the way I understand it, this is a way to get large companies to pay the same amount of tax as smaller companies.

Re: US tech firms make eleventh-hour attempt to halt tax avoidance reforms

#4
post #3
post #2

Let's call these "reforms" for what they are - a shameless and unjustified money grab by the government.

Can you explain your comment a little bit? From the way I understand it, this is a way to get large companies to pay the same amount of tax as smaller companies.

To me it reads like the usual right wing rhetoric, and that any tax collection is some form of evil socialism. Not quite sure how these people expect their flag waving military, for example, to be funded without the big corporation paying their fair share, but there you go.

Never understood why many Americans don't see paying tax as the ultimate act of patriotism, paying for the country they claim to love. They love the country, but resent paying for it. How does that work? Are they the ultimate freetards?

Re: US tech firms make eleventh-hour attempt to halt tax avoidance reforms

#5
Society has decided that companies should pay a corporate tax rates of 20% (UK), 35% (US), etc on profits.

Finally governments have noticed that these companies are shuffling money around (between countries normally) and are not paying anywhere close to those rates.

It's very sad that these companies do have a slim chance of fighting this kind of reform. Ideally they should just pull their heads in and concentrate on building wealth under a new slightly more sensible tax regime.

Re: US tech firms make eleventh-hour attempt to halt tax avoidance reforms

#6
post #4
post #3

Earlier quoted context omitted.

Can you explain your comment a little bit? From the way I understand it, this is a way to get large companies to pay the same amount of tax as smaller companies.

To me it reads like the usual right wing rhetoric, and that any tax collection is some form of evil socialism. Not quite sure how these people expect their flag waving military, for example, to be funded without the big corporation paying their fair share, but there you go. Never understood why many Americans don't see paying tax as the ultimate act of patriotism, paying for the country they claim to love. They love…

I'm confused by your statement - a right-leaning Government is attempting to collect more taxes from multinationals who have huge sales in a country and pay little tax and yet you're claiming that they also consider tax collection some form of evil socialism?

Re: US tech firms make eleventh-hour attempt to halt tax avoidance reforms

#7
post #4
post #3

Earlier quoted context omitted.

Can you explain your comment a little bit? From the way I understand it, this is a way to get large companies to pay the same amount of tax as smaller companies.

To me it reads like the usual right wing rhetoric, and that any tax collection is some form of evil socialism. Not quite sure how these people expect their flag waving military, for example, to be funded without the big corporation paying their fair share, but there you go. Never understood why many Americans don't see paying tax as the ultimate act of patriotism, paying for the country they claim to love. They love…

I could understand not wanting to contribute to NSA funding, but it does sound like a vocal minority (?) does believe that tax collection should be as low as possible. Possibly due to a mistaken belief in trickle-down economics (if something yellow-coloured trickles down from the top, it doesn't mean it's gold...), or maybe caused by a belief that increasing disparities between social classes is a desirable goal.

Re: US tech firms make eleventh-hour attempt to halt tax avoidance reforms

#8
post #4

Earlier quoted context omitted.

To me it reads like the usual right wing rhetoric, and that any tax collection is some form of evil socialism. Not quite sure how these people expect their flag waving military, for example, to be funded without the big corporation paying their fair share, but there you go. Never understood why many Americans don't see paying tax as the ultimate act of patriotism, paying for the country they claim to love. They love…

I'm confused by your statement - a right-leaning Government is attempting to collect more taxes from multinationals who have huge sales in a country and pay little tax and yet you're claiming that they also consider tax collection some form of evil socialism?

This is clearly an attempt to explain dmk's post, but not the article which was submitted.

Re: US tech firms make eleventh-hour attempt to halt tax avoidance reforms

#9
post #4
post #3

Earlier quoted context omitted.

Can you explain your comment a little bit? From the way I understand it, this is a way to get large companies to pay the same amount of tax as smaller companies.

To me it reads like the usual right wing rhetoric, and that any tax collection is some form of evil socialism. Not quite sure how these people expect their flag waving military, for example, to be funded without the big corporation paying their fair share, but there you go. Never understood why many Americans don't see paying tax as the ultimate act of patriotism, paying for the country they claim to love. They love…

What sort of value do you think the typical American taxpayer gets out of their taxes as contrasted with somebody in one of the wealthier European countries?

Re: US tech firms make eleventh-hour attempt to halt tax avoidance reforms

#10
> Suggesting that any leakage of tax revenues flowing from the complex corporate structures of digital groups is merely coincidental, the Digital Economy Group says: "Enterprises that employ digital communications models do not organise their business operations differently as a legal or tax matter."

Hell of a coincidence, mate. They're incorporated in Ireland purely by accident, they would never threaten to leave at the slightest mention of "corporate tax increase", and what they really wanted to do all along was to move to the Scandinavian countries. They should all band together and get a stand-up comedy act going.

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