tag:blogger.com,1999:blog-1141932539860553199.post7064807917060144966..comments2024-03-05T10:52:24.691+00:00Comments on Mark Wadsworth: Arcane musings about taxMark Wadsworthhttp://www.blogger.com/profile/07733511175178098449noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-1141932539860553199.post-90072924653391583972014-09-30T09:01:03.947+01:002014-09-30T09:01:03.947+01:00MW 'Corporate Location Profits Tax'?MW 'Corporate Location Profits Tax'?Lolahttps://www.blogger.com/profile/04586735342675041312noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-17678634321093198472014-09-29T21:03:09.139+01:002014-09-29T21:03:09.139+01:00L, I'm talking about nitty gritty details.
F...L, I'm talking about nitty gritty details. <br /><br />From experience in this international tax stuff, businesses don't mind paying 20% UK corp tax if they get a credit or exemption on the same income in their country.<br /><br />So it's a question of dressing up LVT as corporation tax to keep inward investors happy.Mark Wadsworthhttps://www.blogger.com/profile/07733511175178098449noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-2451071442677975502014-09-29T19:20:47.770+01:002014-09-29T19:20:47.770+01:00Indeed. But, if you have a benign tax regime where...Indeed. But, if you have a benign tax regime where rents are taxed (rent being the ultimate tax on non Wealth creating consumption) IMHO you will see stacks of inward investment as all sorts of genuine Wealth creating businesses (e.g. Widget makers) who don't really want own their buildings migrate here.Lolahttps://www.blogger.com/profile/04586735342675041312noreply@blogger.com