Dear God these people are stupid @juliettegarside

Foreign pre-tax profits 2014 (most recent full year)

Loss of $403m (ÂŁ283m)

Foreign taxes 2014

$204m, compared to worldwide taxes of $483m

Foreign pre-tax profits 2014

Loss of $8m

Foreign taxes 2014

$96m, compared to group wide income taxes of $2.2bn

Foreign pre-tax profits 2014

loss of $118m

Foreign taxes 2014

$11.5m, compareds to group wide income taxes of $121m

This is evidence of underpayment of foreign taxes?

7 thoughts on “Dear God these people are stupid @juliettegarside”

  1. There are losses showing outside the US. Therefore profits outside the US have been understated. Therefore tax has been avoided. Simples 🙂

  2. Sigh. If politicians want to tax turnover instead of profit, it’s solely the politicians’ power to do that. They cannot blame anybody else, they are the ones that set the tax law.

  3. “Juliette Garside is telecoms correspondent for the Guardian, covering the telecoms and technology sectors”. Not tax then.

  4. Do none of these idiots figure how much, under their world view, Iranian tax would be payable by Airbus on their sale of $100 billion of aircraft to Iran? Gosh, those are “Iranian profits”.

    If that were ever the case we would end up in a Balls/Brown world where the government spent like crazy but claimed that the tax on the sales was boosting the economy.

  5. Bloke in North Dorset

    ““Juliette Garside is telecoms correspondent for the Guardian, covering the telecoms and technology sectors”. Not tax then.”
    I’ve seen some of her work, she should stick to tax.

  6. Like to see her sources for claiming Starbucks paid over inflated prices to it’s subsidiary. That would be illegal so good case for Starbucks to sue the Guardian here.

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