Starbucks has announced that is plans to change the way it pays tax in the UK.
The coffee chain, which has sales of over £400m in the UK, had previously paid nothing in corporation tax.
Following pressure from the media, publis and Fairer Tax, the BBC is now reporting that they are "reviewing" their position.
We'll see what happens, good news if true.
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Every expense every profitable business pays has to come from consumers, stock holders, or employees. Typically it comes from customers. Thus, businesses don’t pay taxes, they just collect them from their customers and pass it onto the government. Every business tax is just a hidden tax on the consumer.
Thus, business can’t really pay taxes. For transparency reasons, there should be no taxes on businesses or corporations.
The only “fair” tax is no tax at all.
Thus, business can’t really pay taxes. For transparency reasons, there should be no taxes on businesses or corporations.
The only “fair” tax is no tax at all.
Glad to hear that Starbucks will start paying corporation tax in the UK. However the devil will be in the... http://t.co/ryWdTwZf
Glad to hear that Starbucks will start paying corporation tax in the UK. However the devil will be in the... http://t.co/ryWdTwZf
Glad to hear that Starbucks will start paying corporation tax in the UK. However the devil will be in the... http://t.co/ryWdTwZf
Glad to hear that Starbucks will start paying corporation tax in the UK. However the devil will be in the... http://t.co/ryWdTwZf
