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If I could change one thing in regarding European corporate taxes, it would be rules in the Natherlands and Liechtenstein for foundations. Ingvar Kamprad has used the current rules to place ownership of key parts of IKEA in foundations that do not pay taxes, these can then tax the various corporations fees in order to move the profit and avoid paying corporate taxes anywhere.

12.5% would be a huge improvment.

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by A swedish kind of death on Sat Feb 12th, 2011 at 07:04:09 PM EST
Found article about it, if anyone wants to read more:

IKEA: Flat-pack accounting | The Economist

Flat-pack accounting Forget about the Gates Foundation. The world's biggest charity owns IKEA--and is devoted to interior design


Sweden's finest (and perhaps only) collaborative, leftist e-newspaper Synapze.se
by A swedish kind of death on Sat Feb 12th, 2011 at 07:12:43 PM EST
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What should be the issue with Irish corporate tax law:

Double Irish Arrangement

by det on Mon Feb 14th, 2011 at 02:36:23 AM EST
[ Parent ]
I absolutely agree with you on this.  The 12.5% headline rate is the least of our problems, but as you note the loopholes are created by a combination of Irish, US, Dutch and Cayman tax laws.

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by Frank Schnittger (mail Frankschnittger at hot male dotty communists) on Mon Feb 14th, 2011 at 05:38:56 AM EST
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