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Formula One pays just £1million corporation tax on £300million profit
#8
Such companies have a wider choice on their geographical location as in the average member of the population society do not. Therefore the lower taxable population are by default buggered as they do not have the money capable to employ those with the knowledge of how to bypass their taxation. Therefore  24% of profitable taxation can be made to look like nothing. Although the F1 business have not done any thing illegal in the eyes of the law set by out political establishment. It is time that that not just Starbucks but also all tax evasion corporate business are named and shamed regardless what they bring to our country.

It is down to the Government to bring in legislation to ensure we are all in it together. Yet as with the smoking advertising on their packages it is those who influence you that will get their way.

Money talks, bullshit walks unless your within the circle that influences.

Daz
She Ain't Exactly Pretty, She Ain't Exactly Small, Fourt'two Thirt'ninefiftysix

You Could Say She's Got It All.
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Re: Formula One pays just £1million corporation tax on £300million profit - by dBfazer600 - 25-07-13, 01:24 AM

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