Tag Archives: corporate tax avoidance

Jonathan Hunt

Opinion: Withholding taxes are long overdue

By Jonathan Hunt | Wed 20th March 2013 - 10:53 am

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 …

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

  • Mick Taylor
    @TristanWard. I have never been Mike my entire life. Please don’t take it upon yourself to unilaterally change my name...
  • David Le Grice
    Oddly the article leaves out the full context of the Kirklees result. This was a lib dem ward prior to the may elections which reform gained from us. So winnin...
  • David Warren
    Delighted to have contributed to the win in Almondbury by making several hundred phone calls to voters. Winning Here!...
  • Tristan Ward
    @ Mike , yes an encouraging night....
  • Mick Taylor
    A rather good council by-election week. I see the doomsayers are not saying that our performance is terrible this week, but they're not saying anything positive...