On: Microsoft owes Denmark $1B in taxes

[lifeisstillgood]

This is one that bothers me - UK government is chairing the G20 and is pushing "fixing international corporate taxation"

It's popular amoungst all the member nations, but there seems to be absolutely no clue what to actually do

If anyone has a suggestion there are a lot of people waiting to listen ?

[vellum → lifeisstillgood]

>UK government is chairing the G20 and is pushing "fixing international corporate taxation"

That's rich, considering London is one of the biggest tax havens around.

http://www.guardian.co.uk/money/2007/jul/08/tax.business1

[lifeisstillgood → vellum]

Every western government has off shore havens they give a nod and wink to - but it's this very prisoners dilemma that the G8 etc want to solve.

[Silhouette → vellum]

Did you realise that the article you linked was from 2007?

I think it's safe to say that the political and economic landscape has changed a little since then.

[vellum → Silhouette]

I looked around and they still have non-domicile rule. Since 2008, they added an annual £30,000 fee, but that's nothing if you're rich.

http://www.theaustralian.com.au/news/world/london-is-a-magne... http://en.wikipedia.org/wiki/Taxation_in_the_United_Kingdom1...

[arethuza → lifeisstillgood]

Might be an idea for the UK to close down all of the offshore tax havens we control first before asking others to do the same....

[eurleif → arethuza]

Seems like it might be kind of a prisoner's dilemma situation: the best outcome is if everyone shuts down their tax havens, but you're individually worse off if you shut down yours and the other players don't, so no one wants to do it.

[gadders → lifeisstillgood]

It's popular amongst the member governments. They're always after more money to waste.