We have been used to talking about tax avoidance as a focus for the UK Tax Justice campaign for a long time now. Companies like Google, Amazon and Starbucks have become well-known for the attention that they have received, and around the world these companies are now amongst the best known tax avoiders as a result.
Agreed that they are regarded by many as tax avoiders. And that this is a result of the activities of people like the Murphmonster and the UK Tax Justice campaign. And Ritchie is now announcing to us all that he’s going to continue on with the same tactics about tax evasion.
Well, Hurrah! for that then, eh?
For with regard to Amazon being a tax avoider. As I’ve pointed out to him before, and as he then spluttered about, Amazon doesn’t really make much in the way of profits and that’s the reason that it doesn’t pay much in profits tax. To the point that, under his version of unitary taxation Amazon actually overpaid UK Corporation Tax recently. It is somewhat difficult to describe that as tax avoidance. And then there’s Starbucks of course. As even Vince Cable agreed, they weren’t in fact making a profit even when you added all the royalties etc back in. And not paying profit tax when you’re really not paying a profit is, well, it’s difficult to call that tax avoidance.
But Ritchie managed to do so. So, what his actually statement of today is is that he’s going to start lying about tax evasion in the same manner that he’s been lying about tax avoidance.
Hurrah! aren’t we blessed etc?