Terra Infirma (workforce: me) pays more tax than Npower... #csr http://www.independent.co.uk/news/uk/home-news/npowers-three-years-of-zero-corporation-tax-8575099.html …pic.twitter.com/AuxCOPADKr
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@MForstater "interest payments" to parent company to shift profits overseas - legal, but dubious.
@GarethKane - how do we know it is “interest” (inflated?) not just regular old non-dubious interest (normal business expense) though?
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@MForstater it is very suspicious when so many UK branches of MNCs pay little/no tax in the UK but "owe" their parents substantial "debts". -
@GarethKane - but isnt that exactly what you’d expect if investment is being made?Whether thru loans or equity will reduce tax liability - 2 more replies
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