3 ms·
> "No-one expects companies to pay the full whack of tax." Why? I don't understand why this is considered acceptable. I'm expected to pay the full whack of tax
by amirmc 11y ago
> "No-one expects companies to pay the full whack of tax."
Why? I don't understand why this is considered acceptable. I'm expected to pay the full whack of tax (income, VAT, etc), but somehow it's taken as given that corporations will pay 'less than they're supposed to'. How can we fix anything if this is the prevailing attitude?
- Cakez0r 11y agoIn this case, Facebook did pay the full whack of tax. The article implies they avoided paying corporation tax by paying out large bonuses, causing them to have been operating at a loss (on paper). If that is the case, then I don't think that's such a bad thing. All of their employees will still pay tax on their bonuses, so it's not like the tax payer is being completely robbed. At least their workers are getting a cut of the profit, rather than having it all go to Facebook's coffers and the government (in the form of corporation tax).
- RegW 11y ago> Why? ... because we don't call out those that do, praise them and give them our custom.