Chesterfield Online Forum

General Category => Politics => Topic started by: Pete on January 12, 2013, 11:26:15 AM

Title: Are these figures true?
Post by: Pete on January 12, 2013, 11:26:15 AM

(http://www.ichesterfield.co.uk/images/tax-avoidance.jpg)

Title: Re: Are these figures true?
Post by: Old Cruser on January 12, 2013, 02:25:43 PM

Interesting one Pete, it's a possibilty I suppose - but not what we are being led to believe  ;)

Title: Re: Are these figures true?
Post by: chesterfieldchris on January 12, 2013, 03:25:17 PM

POST DELETED AT USER'S REQUEST

Title: Re: Are these figures true?
Post by: Pete on January 12, 2013, 03:31:47 PM

So you don't know then - and not given to any kind of estimate?

Anyone else have any idea, without turning the thread into a political debate?

Title: Re: Are these figures true?
Post by: Fly on January 12, 2013, 05:04:50 PM

Anything worth looking at here.

http://www.tuc.org.uk/economy/tuc-14238-f0.cfm (http://www.tuc.org.uk/economy/tuc-14238-f0.cfm)

Title: Re: Are these figures true?
Post by: Pete on January 12, 2013, 05:24:38 PM

Good find Fly - certainly helps build a picture of what is really going on whilst the politicians spin away like the inept liars I consider them to be. :)

Title: Re: Are these figures true?
Post by: Fly on January 12, 2013, 05:24:59 PM

Quote

Globally: 90% of offshore financial wealth is actually evaded tax.

http://www.bbc.co.uk/news/business-19150593 (http://www.bbc.co.uk/news/business-19150593)

Title: Re: Are these figures true?
Post by: chesterfieldchris on January 12, 2013, 05:53:05 PM

POST DELETED AT USER'S REQUEST

Title: Re: Are these figures true?
Post by: Pete on January 12, 2013, 06:02:52 PM

Still, it all helps build a picture of what's actually going on.

If I find any more recent figures I'll post them here.

Title: Re: Are these figures true?
Post by: Pete on February 10, 2013, 03:57:00 PM

One of Britain's biggest multinationals, whose brands include Silver Spoon sugar, Twinings Tea and Kingsmill bread, is avoiding paying millions of pounds of tax in an African state blighted by malnutrition,

The Zambian sugar-producing subsidiary of Associated British Foods, a FTSE100 company, contributed virtually no corporation tax to the state's exchequer between 2007 and 2012, and none at all for two of those years.

The firm, Zambia Sugar, has recently posted record pre-tax profits and its huge plantation is increasing its capacity to produce more sugar for markets in Europe and Africa. Yet it paid less than 0.5% of its $123m pre-tax profits in corporation tax between 2007 and 2012.

Capitalism needs to look at itself - if unchecked, what will the world be like in 10 or 20 years...

http://bit.ly/XjBQzi (http://bit.ly/XjBQzi)

Title: Re: Are these figures true?
Post by: Fly on February 10, 2013, 05:42:08 PM

They're denying it.
http://www.reuters.com/article/2013/02/10/abf-tax-idUSL5N0BA3CF20130210 (http://www.reuters.com/article/2013/02/10/abf-tax-idUSL5N0BA3CF20130210)

Title: Re: Are these figures true?
Post by: Fly on February 10, 2013, 06:14:09 PM

Greedy bankers.
http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/9859934/Barclays-to-close-tax-unit.html (http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/9859934/Barclays-to-close-tax-unit.html)

Panorama Monday night looks interesting.