Tag Archives: corporate tax avoidance

Opinion: Withholding taxes are long overdue

If George Osborne really wants to find enough dosh to get Britain out of the mess he has created, our advice should be: Go after the tax-cheating multinational corporations.

It is about time these cross-border pirates were put in their place. And one place to be urgently put is paying tax on the profits made from operating businesses in countries outside their home base.

While no-one knows how exactly much money they are cheating us of, estimates vary from somewhere between £10bn and £20bn. Given that the Economist quotes a total worldwide figure of some $20 trillion lost in avoidance and evasion, that …

Posted in Op-eds | Also tagged | 45 Comments
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Recent Comments

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    Interesting poll by AP on US election day (reported here https://www.bbc.com/news/articles/c39wz0970eypo) shows issues that mattered as - The economy (39%) ...
  • Margot Wilson
    I really welcome this call for taxing wealth and the interesting points made by Alex Macfie and David Raw. We have everything to gain from fighting inequality a...
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    People are not easily fooled. They roughly know what Labour stands for (greater equality, helping the worse off). They roughly know what the Conservatives stand...
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    @David Raw "what happens when the people who are “free to be wealthy” get their wealth by exploiting other people?" I quote from my previous post: "F...
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    Freedom and responsibility....