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“In the case of Panasonic, it’s concerned that if the U.K. gets designated a tax-haven by Japan it could be saddled with back taxes back home. So moving to stay
by digitalengineer 8y ago
“In the case of Panasonic, it’s concerned that if the U.K. gets designated a tax-haven by Japan it could be saddled with back taxes back home. So moving to stay regionally headquartered within the European Union removes that risk.”
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Eh? Obama called he Netherlands a tax haven as well. Wikipedia: “The Netherlands has been known internationally, since at least the 1970s, as a tax haven”. Source: https://en.m.wikipedia.org/wiki/Corporate_tax_in_the_Netherlands https://en.m.wikipedia.org/wiki/Corporate_tax_in_the_Netherl...
- branchless 8y agoThis would bury the UK alive. It's a tax haven. Designate it as such, refuse to trade with them unless they kill off The City, which is a parasite feeding off the world.
- qbrass 8y agoThe Netherlands may be considered a tax haven colloquially, but they're not blacklisted as one.