I am always pleased when someone who supports authoritarianism and using the instrumentalities of government in order to punish those who they disagree with said government outs themselves.
1 day ago, evildictaitor wrote
*snip*
If the US government wishes me to stand trial for anything it so chooses me to stand trial for, I will be arrested and compelled to attend court.
Yes... that's the way being arrested tends to work... but...
For example: If I choose to pay 0.0005% income tax this year, I expect by the end of the year I will be wearing a particularly fetching orange jumpsuit in one of the US government's many fine custodial establishments.
So if you chose (or happened) to make so little income (or use other legal loopholes (ie things written into the tax code)) that that 0.0005% was your income tax for the year... you expect to get arrested? Interesting...
I guess I don't expect to be arrested and charged when I am obeying the law... like when I drive through a green light when there are no pedestrians on the road or emergency vehicles driving by.
You clearly live in a horrifying world.
Granted... you come from a country that had the Star Chamber... so it's understandable if you live in that kind of terror of governmental abuses. And here I thought it was long dead.
Claiming that all of your Starbucks establishments aren't making any profits (and hence don't need to pay any taxes) when what's actually going on is that you're making sh1ttons of profits, opening several stores a week, reporting to your shareholders how well you're doing, but are cleverly selling your UK/US companies coffeebeans from an office in Switzerland at $20 a bean to trick the tax man isn't valid tax accounting.
Whaaaaaaah! Someone found a bug in the tax code and should be charged with horrible crimes for doing so... lets not patch the bug, we'll just throw before a court anyone who dares to exploit the bugs that we refuse to fix. Whaaaaaaaaaaah!
You think I could get away with saying to the US government "Oh, I didn't earn any money this year. I was paid in magical rent vouchers which I exchange with my landlord who is paid by my company through some opaque bank account in the Cayman Islands in some clever deal to avoid me having to pay tax on the rent that I would otherwise need to pay" that that would wash with the US government? Of course not. That would be "go to jail" time for me for tax evasion.
No... if I were to do that I'd have a set of well paid lawyers who understand the tax code better than I tell me that that is the case... convince me of that... and then make sure they are liable along with me if their advice turns out to be wrong.
Again... you can complain all you want about people not paying the taxes you think they should (ie 'spirit of the law')... but that is quite a different thing than the law (ie 'letter of the law').
If you want to live in a 'spirit of the law' sort of world... that is ok... but then you risk any prosecutor or jury coming after you for anything someone feels like telling a convincing story about.
If you're a company, you should pay taxes on your profits - the tax system is actually quite specific on this.
THEN CHANGE THE LAW
Pretending that you didn't make profits in this country when you clearly did by doing opaque accounting isn't optimising your taxes, or making use of tax schemes that government put there to encourage other parts of the economy.
And yet... thus far that does not seem to be what the law says.
It's deceptive
Says you.
it's fraudulent
Now you are accusing them of committing crimes? Doesn't the UK have strict and harsh liable laws? Again clearly you should be hauled before a court to answer for what rather seem to me to be crimes (notice how I use passive terms like 'seem' and 'appear' rather than explicit and accusatory terms like you... good judgment of action is also how one reduces the changes of to court).
and it requires straightforwardly misleading the tax authorities about how your business is structured for the sole purpose of avoiding tax.
So many assumptions... what if your business is actually structured that way? Are you still 'misleading'? What law says it is illegal to attempt to structure your affairs in such a legal way so as to minimize your tax liability?
Assuming you take a SINGLE tax deduction... you have no foot to stand on in this argument.
Can a single person who makes a good bit of money marry someone who does not? Yup. Will that decrease their his tax liability? Probably. Is that illegal? Nope... at least not unless (in your mind) he got married with the intent of LEGALLY decreasing his tax liability.
It's tax evasion, not tax avoidance.
In your opinion yes... in the eyes of the written law, prosecutors and judges... its not.
What's it like to be wrong so much?
Again... if you don't like it... CHANGE THE LAW.
And it's legal only because it's hard to prosecute, not because it's what the lawmakers think is reasonable. And CFOs that take part in this sorry game should be spending time behind bars.
Again you advocate for mob rule... why not just bring back the Star Chamber... sure would be an efficient way to deal with these people.
The reason this pisses me off isn't because I want to punish big companies, or think they're evil. It's that I think it's not fair for small businesses and entrepreneurs to have to pay tax at full rate (or go to jail) whilst working opposite a multinational that can't be bothered to pay tax.
And there we see another critical mistake from you... the law is not about making things fair... but about making things predictable and mostly regular. Big difference.
We should be encouraging small businesses. Not giving them a 20% tax penalty compared with their multinational competitors. It's criminal that we allow this to continue.
I agree with the first part... so why not change the law rather than accusing those you disagree with of criminal actions?
It's no wonder the US was so keen on codifying the concept of ex-post-facto... as it's importance sure doesn't seem to exist where we rebelled from.