| Topic: | Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Facebook Pays Less Tax Than You Do | |
| Posted by: | Francis Rowe | |
| Date/Time: | 14/10/15 10:51:00 |
| Michael, I don't dispute any of that and would add that Facebook's directors could be sued were they not to take advantage of any legal way to reduce their tax bill. The fact remains that the ability to do this gives them and other multinational companies a significant competitive advantage. In the longer term I believe there will be no alternative to the abolition of corporation tax. If we don't we will end up with an economy which is dominated by companies that don't pay it anyway. |