View Single Post
Old 01-17-2013, 02:10 PM   #35
avantman42
Guru
avantman42 ought to be getting tired of karma fortunes by now.avantman42 ought to be getting tired of karma fortunes by now.avantman42 ought to be getting tired of karma fortunes by now.avantman42 ought to be getting tired of karma fortunes by now.avantman42 ought to be getting tired of karma fortunes by now.avantman42 ought to be getting tired of karma fortunes by now.avantman42 ought to be getting tired of karma fortunes by now.avantman42 ought to be getting tired of karma fortunes by now.avantman42 ought to be getting tired of karma fortunes by now.avantman42 ought to be getting tired of karma fortunes by now.avantman42 ought to be getting tired of karma fortunes by now.
 
avantman42's Avatar
 
Posts: 956
Karma: 3096418
Join Date: Sep 2010
Location: UK
Device: Kindle & Nook
Quote:
Originally Posted by murraypaul View Post
The UK operation makes a "loss" because they transfer all the money to the Netherlands as royalty payments for use of the Starbucks brand. They also buy all their coffee from related companies in other geographies at inflated prices. They have created a loss in order to avoid paying taxes.
That was my point. They are (presumably legally) avoiding tax, just as Amazon are.
avantman42 is offline