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Old 06-28-2013, 06:42 AM   #67
HarryT
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Quote:
Originally Posted by Billi View Post
That it benefits the customers in this special case is a side effect and not the reason for chosing Luxemburg and you know this damned well, Harry. I think it was pdurrant who once posted here a calculation about Amazon's business numbers and how much they would have to pay if they would pay taxes in the U.K. and how much tax they now pay in Luxemburg. And it is not only the difference that you lose in the U.K.
IF they are acting illegally, then I'm sure the European Commission will not be slow to prosecute them. If they're not acting illegally, but merely acting to minimize their taxes in accordance with the law, then I see absolutely no cause for criticism. That's what accountants are paid to do. In fact the company directors could be prosecuted for not doing so, given that they are legally required to act in the best interests of their shareholders. Paying more tax than you have to could very well be considered not to be in those best interests.
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