Mudcat Café message #4093093 The Mudcat Café TM
Thread #169361   Message #4093093
Posted By: Bonzo3legs
14-Feb-21 - 08:33 AM
Thread Name: BS: Thank goodness for Amazon!!
Subject: RE: BS: Thank goodness for Amazon!!
We have both black and white drivers, some more polite than others.

So the tax question which really winds up lefties - corporation tax is paid on taxable profit. A smart company will set up a holding company in a low tax state. The holding company will charge a royalty on every sale for use of the name Amazon, which under current UK legislation is tax deductible. Get the picture?