Just a week after news broke that the EU plans to tax the local turnover of big tech firms, the UK government released a position paper stating its intention to similarly revamp how it taxes […]
In a move that would recoup tax payments otherwise funnelled overseas through clever accounting mechanisms, the EU is poised to begin taxing the turnover, rather than the profits, of Google, Apple, Facebook and Amazon. Bruno […]
News of Amazon’s seasonal hiring of 20,000 temporary workers, reported in various UK news outlets this autumn, is generally heralded as good news for job seekers. The company is expanding. Surely good news all around? […]
Two recent stories published by two major media outlets in two different nations within four days help to capture a major challenge faced by governments today. On the 8th September, The Wall Street Journal reported […]
Wednesday’s budget in some ways typifies the tensions between corporate welfare and social welfare. Tax credits are a good example of a provision that falls into the categories of both corporate welfare (in that they act as a wage subsidy for […]
Amazon is in the news yet again — this time for halving its corporation tax bill paid to HMRC. Despite a turnover in 2016 of £1.46 billion, which represents a doubling over the previous year, […]
Labour MP and Shadow Chancellor of the Exchequer John McDonnell stated that if Labour wins, they would require companies with greater than £36m in turnover or more than 250 employees to file a complete tax […]
I have written in the past on how corporate tax rates are used in a misguided way to reward businesses and boost investment. But now George Osborne has gone even further in using the tax system […]
Corporate welfare should be viewed in-the-round One of the criticisms made of The British Corporate Welfare State was that wage subsidies do not function as corporate welfare. The evidence on the effects of wage subsidies is, […]
Labour launches inquiry into the use of corporate tax reliefs 16/12/15 15:42 Labour have recently launched an inquiry into corporate tax reliefs. Seema Malhotra, the shadow chief secretary to the Treasury, gave a speech this […]
Is now really the best time to cut corporation tax? 13/07/15 11:01 Kevin Farnsworth has written an article for the Guardian’s Comment is free strand, on the tensions between corporate and social welfare exposed in this […]
An interesting piece in the Conversation by Prem Sikka on Facebook’s corporation tax: Facebook looks set to pay more UK tax but it might not be as much as you think. Facebook, along with others […]
Facebook and corporation tax 07/03/16 10:04 An interesting piece in the Conversation by Prem Sikka on Facebook’s corporation tax: Facebook looks set to pay more UK tax but it might not be as much as […]
European Commission accuses Luxembourg and the Netherlands of granting state aid through corporate tax deals 27/01/16 13:53 The European Commission has ruled that Luxembourg and the Netherlands have provided “selective tax advantages” for Starbucks and Fiat […]
Copyright: Corporate Welfare Watch 2017