Quote:
Originally Posted by HarryT
As stated at the start of this thread, Ghitulescu, the whole point of this change in the law is to close a loop-hole in EU tax-law, which currently allows multi-national companies to avoid paying large amounts of VAT by basing themselves in low-tax countries such as Luxembourg.
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Well, in case you didn't know, the VAT are deducted for companies, and only the end user pays for the cumulated "added" value
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Quote:
Originally Posted by pdurrant
All companies avoid tax when they can. They are required to do so by their duty of care to their shareholders.
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No kidding
Seriously, a company is probably one of the greatest farce played upon mankind.
Quote:
Originally Posted by pdurrant
Avoiding tax is reducing your tax bill within the law.
Evading tax is reducing your tax bill by illegal means.
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What's the difference? I mean, considering that big companies have their powerful lobby to "guide" the lawmakers tailor the laws to suit their interest.
Just imagine that with a peanuts sponsoring of some 50k$ the studios managed to extend the ancillary rights to 95 years (more than the copyright terms) and gain billions.
If you don't understand this (above) in a glance, it's difficult to explain it, even with more words.