Just as a side note, Another business, McDonalds, has announced it's moving it European Base from Luxembourg to the U.K. God we must be a terrible country :fearscream:
I knew I could rely on victor von doom , True Luxembourg is being forced by the EU to look at it's preferential taxing agreements But here is the thing, of all the countries in all of Europe, they chose the one country leaving it. Also, McDonalds are moving from Luxembourg to the UK and will be paying tax here on all of it's non-US operations. At some point all these companies choosing to stay and also move to the U.K. will register that we are not going under, we do have a lot to offer and companies do want to be and also, come here. However you look at it or view it, it comes down to simple economics and business futures. More companies are coming to the U.K. that means more money and more investment. So the U.K. isn't quite the sick puppy some would have you believe
Cool, when they pay their $500m in back taxes to the E.U. their accounts should be a lot more transparent upon moving to the U.K. Another big multinational paying into HMRC post Brexit. Tremendous. Everyone seems to want to come to the U.K these days, despite the threats to leave from big business, posturing from the E.U., coercing from ministers of E.U. states trying to woo business away and the constant hand wringing from the window lickers on here. Happy days.
so their moving from a country because they owe tax? why move to another country that will tax them appropriately? unless they hope to pay little or non maybe?
it would have to be beneficial that's for sure, they certainly would t be coming here for the warm hospitable people, the climate or to lose money..
Orrrrr could it just be what many of us have been saying all along? The U.K. free of E.U. interference, red tape and restrictions will attract far more business than it will lose and companies will see the U.K. is truly open for business.
yer right chiz. but someone some where will be making up the shortfall in tax take, 5th biggest economy, banking and financial services, 40years of oil. whisky £125 per second of it. austerity, nearly 2trill in debt. hmm.
