Reply to post: Re: Think about it...

Five reasons why the Google tax deal is imploding

Voyna i Mor Silver badge

Re: Think about it...

No, sorry, you are wrong. Corporation tax is charged on profits that have already, as it were, been banked. It comes out of shareholder dividends or remuneration-committee voted boss pay. What makes you think for one microsecond that if a company did not have to pay corporation tax, it would cut prices next year?

You will be telling me next that if we did not have to pay VAT, shop prices would drop by over 16%.

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