Yep - we know. But as we say in the report, we feel that the methodology we use, gives a more accurate picture of real profits than that presented in the annual reports of domestic subsidiaries.
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Very willing to read your alternative proposal for estimating corporate profits in the UK.
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We are talking about your report published today. Claiming to expose tax avoidance. On the front page of a major newspaper. The methodology fundamentally misunderstands and/or misrepresents the basis of international taxation as being linked to location of customers. It isn't.
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Companies don't pay tax based on *where their customers are* but on where they have taxable presence based on tax laws and treaties. Subsidiaries, branches, permanent establishments
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