The Price isn't Right; Company Taxation  

Oleh:

[s.n]

Jenis: Article from Bulletin/Magazine
Dalam koleksi: The Economist (http://search.proquest.com/) vol. 406 no. 8823 (Feb. 2013), page SS11-SS13.
Topik: Tax Evasion; Multinational Corporations; Tax Avoidance; Tax Regulations; International

Ketersediaan

Perpustakaan Pusat (Semanggi) Nomor Panggil: EE29.75 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

Lihat Detail Induk

Isi artikel

During the tax-evasion trial of Leona Helmsley, a flamboyant hotelier, a former housekeeper testified that she heard her employer say: "We don't pay taxes. Only the little people pay taxes." These days, multinational companies stand accused of taking a similarly haughty attitude to their fiscal affairs, shifting profits offshore to cut their tax bills. Many of the tax-avoidance techniques being employed are legal, but many others are ruled to be illegal over time or occupy a grey area between the two. Corporate tax directors have generally worked on the basis that a strategy is legitimate until it is ruled illegal, no matter how aggressively it is structured. Their opponents recall the words of Denis Healey, a former British chancellor, who suggested that the difference between avoidance and evasion was "the thickness of a prison wall". The public outcry is forcing tax administrators to rethink their policies. Indignation has been greatest in Europe, with particular venom aimed at Google and Starbucks. In December the coffee chain volunteered to pay around Pounds 10m more tax in Britain than it owed, following the news that in 14 years of operation in that country it had paid only Pounds 8.6m in corporation tax. Various governments have rushed out anti-avoidance "action plans" and general anti-abuse rules.

Opini Anda

Klik untuk menuliskan opini Anda tentang koleksi ini!

Kembali