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<div class="moz-cite-prefix">On 18/04/14 15:38, Alain Williams
wrote:<br>
</div>
<blockquote cite="mid:20140418143850.GP5587@phcomp.co.uk"
type="cite">
<pre wrap="">On Fri, Apr 18, 2014 at 03:27:52PM +0100, JLMS wrote:
</pre>
<blockquote type="cite">
<pre wrap="">It works both ways, that's why it is called "common market", one of the
consequences being that double taxation is minimised or avoided entirely.
Amazon provides great service and pays the taxes they are told to pay, I
don't see why people should apologize for using them.
</pre>
</blockquote>
<pre wrap="">
Because they game the system, they make a lot of money in the UK but transfer
the profits to another country. Yes: other companies do it and they get flaq as
well - eg Starbucks
</pre>
</blockquote>
Capitalism for Beginners: Lesson One<br>
<br>
1. Profit is ultimately all that counts. Do not be put off by
"socialists" and other naysayers - you have a duty to your
shareholders to make as much profit as possible.<br>
<br>
2. If the taxation is higher in one territory than another in
which you also trade, transfer your profits to the country
with the lower taxation. This is your duty (see 1. above).<br>
<br>
3. Only move your profits in the amounts allowed by local laws -
if you are prevented from moving your profit to a lower tax
region, increase your retail prices to compensate. Governments
quickly realise that sales are going overseas and that
this is hurting their economy. They will usually make the necessary
adjustments. If they don't, increase retail prices until
they do (this works particularly well with fuel and energy
companies).<br>
<br>
4. Always maximise profit to cost ratios (see 1. above).<br>
<br>
5. Prosper!<br>
<br>
<br>
C.<br>
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