From Starbucks to Bigbucks with Taxbucks


boycottstarbucksstarbucks1

The news media outlets reported on 21st October that Starbucks, among others, “have been told they must pay back up to €30m (£22m) in taxes after European tax breaks were ruled illegal.”

In a new interpretation of the well reported tax avoidance schemes it turns out that this is being classed as a form of tax state aid. Perhaps we could all use a bit of state aid as part of our business model!

http://www.bbc.co.uk/news/business-34591476

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s