POV-Ray : Newsgroups : povray.off-topic : I wonder who I'm talking about ... : Re: I wonder who I'm talking about ... Server Time
6 Oct 2024 06:06:39 EDT (-0400)
  Re: I wonder who I'm talking about ...  
From: Stephen
Date: 17 Feb 2015 07:52:57
Message: <54e339a9$1@news.povray.org>
On 17/02/2015 11:57, scott wrote:
>>> And don't forget in your example above the UK government will get far
>>> more in VAT than the Dutch government will get in tax,
>>
>> Sorry, could you explain the significance of that?
>
> That the UK government don't get "nothing" from Starbucks because they
> transferred all their profit abroad.
>

I would say that they do get nothing.
Star***ks only collect the VAT they get from their customers and pass it 
on to HMRC. VAT has nothing to do with the company's profit.

-- 

Regards
     Stephen


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