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Starbucks and its tax position- MEGATHREAD


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See post 9.

 

Also, name those UK companies that bring back wealth and please link to their corporate websites. :)

 

See post 58. BP is a classic example, as are a large portion of the uk financial/insurance industry.

 

And you post 9 doesn't give any actual figures.

 

You don't do a comparison of revenue, versus expenditure, and how much was reinvested in the corporation.

 

Do you have those figures, or do those statements just come from the same source as 'only 100 adult cod left in the north sea', and other stories 'tweaked' to ignite the gullible/permanantly disgusted.

 

And if you are critical of a foreign owned company taking money from the uk back to their corporate home country, will you be stopping buying all foreign goods from all companies that do the same (this is where I could list a whole host of items relating to food, entertainment (films, music etc.), technology (Apple, Microsoft etc.))?

 

Don't get me wrong - I'm all for supporting the small local independant coffee shop over the multinational. And I'm not happy that Starbucks have taken revenue from our country to the US, but if we ban the movement of funds round the globe to corporate head offices, then we (the uk) would suffer because we do it too. And it's appallingly bad reporting to suggest they've paid no tax (when they have contributed to Employers NI, Employee's NI and PAYE, VAT and Business Rates) without understanding where their expenditure has gone.

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<...>
All of which is perfectly legal. Any entity (person/business) that pays more tax than it is legally obliged too is foolish.
I did not say it was illegal, just explained how it's done (legally) and also why, to solve the problem, the only realistic solution is to:

you need to either meddle directly into such businesses' affairs (a most unlikely proposition), or legislate the problem closed.
:)

 

...but we all know that isn't going to happen anyway ;)

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Making accountants accountable would be a good start, making sure they adhere to the rules and are prosecuted if they carry out tax avoidance activity or do not report it. I tried their coffee once and its horrible.

 

Accountants often do make lousy coffee. You are best going to a specialist like Starbucks.

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Is there any chance of everybody boycotting a football match until they pay footballers what they are actually worth rather than what they think they're worth, thus bringing ticket prices down?

 

I would rather people boycotted football matches altogether until such time as the professional game disappears completely.

 

jb

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Oh Rob, your not getting away with that so easily.

 

These mandarins are at the top of the civil service, and leave and retire after receiving nice fat wages & pensions from us little tax payers.

 

Going off to big business afterwards is not about, big business understanding the workings of government organisations, its about pulling the wool over the eyes of the rest of us.

 

Watching Dave Hartnett waltzing around the globe discussing tax affairs with big business cost the UK dearly.

 

50 posts hey? Are they paying you well?

 

When someone leaves public service are they then to be forced into some nondescript, non productive, negative role and not allowed to use the experience they gain in other ways?

 

Your incessant bleating about these and others "pulling the wool over your eyes" or in some way doing you down betrays a degree of paranoia coupled with a desire to reduce everyone to your own low moral standard. Pathetic.

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Not many people boycotting Starbucks this morning as it was absolutely packed.

 

And with the Christmas flavours on the horizon (Ginergread Latte, Eggnog Latte on a freezing cold December day yum yum) the chances of Starbucks losing money at this time of year seems very remote.

 

Judgeing by all the people in there today, the product seems to be king. Yes, everyone says its rubbish coffee, but if thats the case, why are there coffee shops always full?

 

No tax paid, are people boycotting? they weren't this morning ( I wish they would boycott - especially between 9am, and 10am, then I could read my newspaper in peace)

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