Tag Archives: corporatoin tax

Opinion: Get real about corporate tax

Companies currently pay corporation tax in the country where they are incorporated. A campaign is under way, in the Guardian, and the Commons Public Accounts Committee, that companies should instead pay tax where they make their sales. The proposal has populist appeal, but is impracticable.

Many companies, including UK companies, make export sales without costly incorporation in each sales country. If a US coal producer sells 1m tonnes of coal to UK powerplants for £100m, and makes £5m profit, it submits accounts in the US for tax authority scrutiny, and pays US tax on the £5m. Should this profit be …

Posted in Op-eds | Also tagged , , , and | 29 Comments
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Recent Comments

  • User AvatarDavid Raw 19th Jan - 8:33pm
    Talking about changing voter behaviour, I just loved this James Cleverly comment today linking democracy with the unelected Upper Chamber. "The government is examining whether...
  • User AvatarDavid Warren 19th Jan - 8:22pm
    Thanks for this Alex. I am hoping Elizabeth Warren wins the nomination and goes onto be elected President.
  • User AvatarMichael Beckett 19th Jan - 8:13pm
    So no cheap sock puppet manipulating public perception and no automated bots or those that don't care enough about their digital identity to reveal it....
  • User AvatarSteve Trevethan 19th Jan - 8:11pm
    Don't despair! Analyse! Might it also be of help to also analyse the attitudes and behaviours of the corporate or mainstream media around the election?...
  • User AvatarHywel 19th Jan - 7:56pm
    Looking at that another question worth asking is whether Hywel can competently use a keyboard! Hopefully what I meant is just about intelligible!
  • User AvatarHywel 19th Jan - 7:38pm
    "Our response to that was to say that Corbyn was dangerous and that we wouldn’t let him be Prime Minister. This tactic was an utter...