Radio2 yesterday
(admittedly on their weaker than weak drivetime show)
had some tax bod from some tax specialist co (was it kpmg?) arguing that poor Starbucks' had consistently made a loss in the UK and therefore paying no tax was fair. The interviewer just wasn't equipped at all to argue how the flow of money might be engineered in such a way to make this look plausable, and completely missed the point that if they make 1% profit (as he admitted "some" of the shops do), 20% of whatever the real number/amount for that should still be payable.
(, Tue 13 Nov 2012, 11:24, Share, Reply)