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25-06-21, 03:35 PM | #9781 |
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Re: Gripe of the day - What is yours?
Every multinational in Europe does this. I've worked in finance departments for my whole career and the "owners" of the UK, French, German, etc local trading company are usually the Luxembourg entity, or Irish, and its usually way more complex than that. The local trading companies get commission for selling on behalf of the owning entity, usually less than their costs, and hence pay little or no local corporation tax. Its perfectly legal, but not especially ethical. Amazon are just doing it on a bigger scale than everyone else.
At the recent G7 meeting there was a thing about minimum corporation tax levels, but of course Luxembourg are not in the G7 and would never agree to this loss of status if they were! Our government would in all honesty struggle to do much about it, no matter which party was in power.
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25-06-21, 05:26 PM | #9782 | |
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Re: Gripe of the day - What is yours?
Quote:
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25-06-21, 07:03 PM | #9783 |
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Re: Gripe of the day - What is yours?
Remember Jean-Claude Juncker? He was finance minister for Luxembourg and helped set up Luxembourg's position as a tax avoidance haven. When he became president of the European Commission he campaigned to block EU curbs on tax avoidance.
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25-06-21, 09:41 PM | #9784 |
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Re: Gripe of the day - What is yours?
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01-07-21, 04:43 PM | #9785 |
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Re: Gripe of the day - What is yours?
I spoke to my friend in Arkansas yesterday - he was complaining that it was over 90°F with humidity to match. Today, I heard a click in the kitchen - it was the central heating thermostat demanding heat. It comes on at 67°F.
It reached 121°F in Lytton Canada this week which is situated at 50.233°N, St Ives Cornwall is situated at 50.208°N. I just want a bit of warmth, it's July! I think it's time we drained the North Sea, I'm tired of the drizzle, clouds, cold winds.
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01-07-21, 05:35 PM | #9786 | |
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Re: Gripe of the day - What is yours?
Quote:
I wouldn't mind warmer weather, but I wouldn't trade places.
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01-07-21, 06:43 PM | #9787 |
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Re: Gripe of the day - What is yours?
Also, Happy Canada Day.
My wife has been hearing from an old friend who grew up in the aboriginal community in Lytton - sounds like it's pretty much gone. Apparently people had 15 mins notice to leave. Edit: https://www.bbc.co.uk/news/world-us-canada-57678054 Cool weather doesn't seem so bad.
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02-07-21, 09:24 AM | #9788 |
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Re: Gripe of the day - What is yours?
why are all work jeans knee pad pockets more like shin guard pockets?
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02-07-21, 09:47 AM | #9789 | |
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Re: Gripe of the day - What is yours?
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Sent from my SM-T510 using Tapatalk
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02-07-21, 09:53 AM | #9790 |
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Re: Gripe of the day - What is yours?
no they are not but its not just me. a few of the mates have the exact same problem.
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