Look here, good news, bad news.
http://www.thisislondon.co.uk/standard-business/article-23864899-virgin-media-in-luxembourg-tax-saver.do
Good news for Virgin. Good news for anyone in that business: why not do what Virgin does? Become a tax refugee. It is self-defense.
Here's the bad news: one day, not so far down the road, Luxembourg will wake up with yet another accusation on its sleeves. The accusation to have seduced the Virgin into unspeakable tax promiscuity. Though this one will be a tough one to build into a European crime committed by Luxembourg, without violating the so sacred European principles of free movement of services. And don't forget, the Earth is flat.
You think I'm exaggerating the bad news? Not at all, the thing started already. Doesn't the author insist on calling us a "principality"? That is already belittling and insulting the adversary before hostilities start.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment