Re: Just get rid of corporation tax
The majority of corporations taking advantage of these arrangements stockholders are foreign to the UK, or Europe. If there is no corporate tax, then no tax will be received from these firms. It is unfair that the citizens of a country not involved in the spending of funds should primarily benefit, rather that the citizens who earned and spent those funds. In short, if you earn income in a country, you should pay taxes in that country.
Taxman's hand in my pocket.