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PostPosted: Wed Oct 21, 2015 11:07 am 
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What is the equivalent tax rate in these other countries and why is ours higher? If our tax rates were at the same levels as other countries, there would be no gain in transferring profits.

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PostPosted: Wed Oct 21, 2015 11:14 am 
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grandad wrote:
What is the equivalent tax rate in these other countries and why is ours higher? If our tax rates were at the same levels as other countries, there would be no gain in transferring profits.


Rate

The 2013 Dutch corporate tax rate is applied at 20% for the taxable amount up to and including EUR 200,000. For the excess taxable amount the rate is 25%.

Exemptions

Certain items of income are exempt from Dutch corporate tax. The most important items of income that are exempt are:

capital gains and dividends derived from qualifying subsidiaries ("participation exemption");

income attributable to a foreign business enterprise ("permanent establishment").

Participation exemption

Capital gains and dividends derived from a qualifying subsidiary are fully exempt from corporate tax in the Netherlands ("participation exemption"). A subsidiary qualifies for the Dutch participation exemption when:
the subsidiary is an active company; and
the Dutch parent company holds an interest of at least 5% in such company.

Foreign Branch

Income received by a Dutch company from a foreign branch is exempt from Dutch corporate tax provided such branch is a permanent establishment or representative.[

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PostPosted: Wed Oct 21, 2015 11:15 am 
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Quote:
Income received by a Dutch company from a foreign branch is exempt from Dutch corporate tax


http://taxsummaries.pwc.com/uk/taxsumma ... ermination

Its tax avoidance or clever accounting - either way when that political party of yours tells folk about the need for cuts and austerity, perhaps you should remind them that UBER cost us a couple of nurses :wink:

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PostPosted: Wed Oct 21, 2015 11:36 am 
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captain cab wrote:
Quote:
Income received by a Dutch company from a foreign branch is exempt from Dutch corporate tax


Its tax avoidance :wink:

It certainly is but unfortunately tax avoidance is not illegal. I think there needs to be a change in law, and I don't know whose law or laws need changing, to make tax payable in the country where the money is earned. If I earned enough to worry about the level of taxation, I think I would look elsewhere to register a business.

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PostPosted: Wed Oct 21, 2015 11:39 am 
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grandad wrote:
It certainly is but unfortunately tax avoidance is not illegal. I think there needs to be a change in law, and I don't know whose law or laws need changing, to make tax payable in the country where the money is earned. If I earned enough to worry about the level of taxation, I think I would look elsewhere to register a business.


sorry grandad- I edited my post between you replying

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PostPosted: Wed Oct 21, 2015 11:39 am 
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Dividend income

Subject to meeting the conditions for the participation exemption, a Dutch company or branch of a foreign company is exempt from Dutch tax on all benefits connected with a qualifying shareholding, including cash dividends, dividends in kind, bonus shares, hidden profit distributions, capital gains, and currency exchange results.

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PostPosted: Wed Oct 21, 2015 2:11 pm 
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edders23 wrote:
So our clever government would rather be nice and cosy with the chinese and the likes of vodaphone amazon starbucks,Google etc. who want to grab loads of uk profit and pay no tax instead of support British businesses who generate real tax income to boost treasury funds and pay for our NHS

No wonder we are the most heavily in debt nation on the planet :sad:
Thats not true edders the USA has far bigger debts, wakey wakey thicko!

And of c ourse theres the jug eared ponce Charlie and the DUCHY OF CORNWALL racket =D> =D> not to worry its only £240 million the ponce has nicked, funny how you grovellers always forget about the Von Windsor scum #-o

As usaul clutching at straws re UBER and quoting that assole Steve Wright of the LPHCA whose members are rather good at Tax Avoidance illegal working hours, breaching employment legislation, cheaqting and swindling their Drivers .............. ](*,)

But of course John McDonnell has pledged to deal with these TORY SCUM tax avoiders =D> =D> =D>

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PostPosted: Wed Oct 21, 2015 10:43 pm 
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http://europa.eu/rapid/press-release_IP-14-663_en.htm

http://www.theguardian.com/business/201 ... d-unlawful


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PostPosted: Thu Oct 22, 2015 4:12 am 
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les mcvay wrote:
http://europa.eu/rapid/press-release_IP-14-663_en.htm

http://www.theguardian.com/business/201 ... d-unlawful

Brussels competition officials have no powers to challenge generous tax deals offered to multinationals directly. They are only able to intervene if it can be shown that a specific deal was offered to one or more companies and not made available to competitors.
YES. We can all have the same deal as UBER. :mrgreen:

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PostPosted: Thu Oct 22, 2015 7:37 am 
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Perhaps it's time to move our I Clouds (servers) offshore to be able to compete on a level playing field.

http://www.expatriates.com/classifieds/ ... available/


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PostPosted: Thu Oct 22, 2015 6:54 pm 
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les mcvay wrote:
Perhaps it's time to move our I Clouds (servers) offshore to be able to compete on a level playing field.

http://www.expatriates.com/classifieds/ ... available/


So where about in the Uk do you think I'll find an iCloud anyway?

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