PPRuNe Forums - View Single Post - Internet Shopping Levy to Cut Congestion and Polution
Old 1st Jul 2020, 08:34
  #37 (permalink)  
ATNotts
 
Join Date: Oct 2004
Location: UK
Posts: 1,860
Originally Posted by jimjim1 View Post
I have no knowledge of this however I would be astonished if they paid much tax anywhere.

I understand that some Coffee shop chain figures out their UK profit and then miraculously finds that is the exact amount due to the Swiss branch to which they must pay a license fee. They presumably pull some stunt in Switzerland too.

Poof! UK profit ZERO. No tax due of course.
Would that be the omnipresent chain that originated in Seattle who proudly claimed a couple of years ago that although they weren't liable for much corporation tax they did pay VAT? That would be the VAT that they collect from the mugs that buy their coffee from them of course, having offset their input VAT in their quarterly return!
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