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HMRC Task Forces rake in over £109m

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    #31
    Originally posted by LondonManc View Post
    I agree with you - I don't see why companies should be able to pass things from country to country as they do.
    All taxation at any level discourages investment (in time / effort / capital). So the fact of the matter is that to take your position literally would make everyone worse off, rather than better. Is it rational to cut your own nose off to spite your face?

    There will always be some optimal line which is unlikely to be crossed. That *should* be zero taxation, but politicians are happy to trade standard of living for political power - up to a point at which it becomes less efficient. Happy cattle produce tastier meat.

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      #32
      Originally posted by SpontaneousOrder View Post
      All taxation at any level discourages investment (in time / effort / capital). So the fact of the matter is that to take your position literally would make everyone worse off, rather than better. Is it rational to cut your own nose off to spite your face?

      There will always be some optimal line which is unlikely to be crossed. That *should* be zero taxation, but politicians are happy to trade standard of living for political power - up to a point at which it becomes less efficient. Happy cattle produce tastier meat.
      Companies get tax relief for certain investments.

      What discourages investment is having to pay returns to shareholders ( including pension funds) that have to be maintained for example Tescos and any Water company. ..
      "You’re just a bad memory who doesn’t know when to go away" JR

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        #33
        Originally posted by SueEllen View Post
        What discourages investment is having to pay returns to shareholders

        What discourages investment is a return on investors investments?!

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