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profit made in the UK should be taxed by the UK. I don't care what the US does. And this amazon, a seller/reseller of goods. If they disappear then people woul
by PunchTornado 8y ago
profit made in the UK should be taxed by the UK. I don't care what the US does.
And this amazon, a seller/reseller of goods. If they disappear then people would just shop in another place. It's not like they are researching and building unique and non-replaceble products like apple or google.
- gambiting 8y agoSo if you own a British company, and do few jobs in France, where do you think you will be paying tax? In general, tax is paid where you declare the tax residence, not where you work. I know at least several people who live in Denmark but commute daily to Sweden for work, and of course they pay tax in Denmark, because that's where their tax residency is - it's the same with companies in general.
- girvo 8y agoThe USA isn’t in the EU, though of course there’s quite a few treaties and agreements in place. But frankly, the worldwide dominance of US companies coupled with their comparative lack of tax burden in other countries starts to grate on us over here (Australia in my case), rightly or wrongly. It’s not felt that they’re paying their fair share.
- PunchTornado 8y agoAmazon is Amazon UK Ltd in UK. A company registered in UK. Facebook is Facebook UK Ltd. Another company registered in the UK. They both pay taxes here. But not what it should because of accounting artifacts and weak laws.
- touristtam 8y agoIf a company have contract in another country there are definitely taxes to be paid in that country. It doesn't mean that some of those taxes can not be claimed back, but the work is effectively done abroad (as opposed to tax domiciliation) and therefore the tax is due in that country according to its laws.
- gambiting 8y agoIn the EU all member countries have laws against double taxation - so you only pay the tax where the company is registered. If VAT is due, you have to collect rate that applies in the country where the trade/contract was executed, but you still pay it in your home country.