The Guardian\’s major investigation into corporate tax.
They appear to have closed the comments sections. Closing them on pieces already published and not opening them on new ones.
So, it\’s not possible for me to point out over there that their blathering about copyrights and patents being in low tax jurisdictions is just that. Blather.
If a company intends to pay out such profits in dividends then they have to be sent up the line to the UK company where they will be taxed. If they aren\’t to be paid out in dividends then they will be reinvested: which is really rather what we want companies to be doing anyway.
Pity really, I was rather enjoying educating these journalists who had spent so much time on their research….