Reply to post: Re: Too late

31 nations sign data-sharing pact to tax multinationals

DavCrav

Re: Too late

"Horse has already bolted. Last week I bought a shed (actually something closer to a log cabin). When Iooked at my card statement the sale was booked across the globe in Signapore despite it being produced less than 100 miles of where I live."

I'm not 100% sure, but I believe that's illegal, as in actually definitely against tax law illegal. They are pretending that physical sales are really remote sales. Maybe tell HMRC?

Seriously, how does HMRC find out stuff like that? It cannot send mystery shoppers to go buy sheds in every town in the UK. Tax evasion by SMEs might be seen as trying to level the playing field with the big boys, but I don't think we should be encouraging the complete hollowing out of our corporate tax base as fairness.

POST COMMENT House rules

Not a member of The Register? Create a new account here.

  • Enter your comment

  • Add an icon

Anonymous cowards cannot choose their icon