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Leaving the EU?
Comments
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Mr._Pricklepants wrote: »1. Which EU rule allows this? Can you provide a link?
2. If we were out of the EU, how would that be beneficial to the UK? Is Amazon going to give up their Luxembourg affiliate because the UK leaves? Where's the logic in that?
Charge them a licence fee to operate here if they choose not to be taxed on their UK revenue?"If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
Mr._Pricklepants wrote: »1. Which EU rule allows this? Can you provide a link?
There is no such "rule", rather several rules. Which I assume is why you asked for "the rule" as you are aware of this (hence point 2) and think you can somehow catch one out.
Basically, Amazon, for example, report European (including UK) sales through luxemburg. They can only do this due to being within the EU. It's that simple. They cannot, for instance, send sales from New Zealand through Luxumberg. Neither would they be able to if we were outside of the EU.2. If we were out of the EU, how would that be beneficial to the UK? Is Amazon going to give up their Luxembourg affiliate because the UK leaves? Where's the logic in that?
Covered above.0 -
grizzly1911 wrote: »Charge them a licence fee to operate here if they choose not to be taxed on their UK revenue?
Do you not get it?
NO companies whether UK of foreign are taxed on revenue. It would be unfair and unworkable.0 -
grizzly1911 wrote: »A bit like saying we can deport people really.
As far as I can tell, if we were part of the Schengen Area, we'd have the benefit of free traval between EU countries, but we'd be able to deport criminals or undesirables and we'd not have to give out benefits to EU citizens who have come here and can't/won't find work.
A welcome mat for hardworking EU citizens and a closed door to everyone else.0 -
Do you not get it?
NO companies whether UK of foreign are taxed on revenue. It would be unfair and unworkable.
VAT? Perhaps we could call it BAT?"If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
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Not really.grizzly1911 wrote: »VAT? Perhaps we could call it BAT?
If revenue is the same as purchase price, there would be no VAT payable.0 -
One thing we'd be able to do is have different benefit rules for British citizens and EU migrants, which is also currently prohibited.
Also worth noting that of course high-skilled EU migrants would be free to apply for work permits along with everyone else.0 -
Graham_Devon wrote: »Basically, Amazon, for example, report European (including UK) sales through luxemburg. They can only do this due to being within the EU. It's that simple. They cannot, for instance, send sales from New Zealand through Luxumberg. Neither would they be able to if we were outside of the EU.
If Amazon are understating the amount of profit that's due to activity in the UK then that's tax fraud.
It's tax evasion if we're in the EU. It would be tax evasion if we left the EU.
Again within the remit of HMRC.0 -
It appears they are not understating the amount of profit they make. They just chose to make it in another country.If Amazon are understating the amount of profit that's due to activity in the UK then that's tax fraud.
It's tax evasion if we're in the EU. It would be tax evasion if we left the EU.
Again within the remit of HMRC.0
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