90 years ago HMV was that little independent storeit's always going to be survival of the fittest/better at dodging taxes
I'm more bothered by the fact that it's probably the end of Fopp (for the second time)
(I'm more bothered by the fact that it's probably the end of Fopp (for the second time)
HappyToast Groat froth,
Mon 14 Jan 2013, 23:13,
archived)
^this^I'll shed more tears for Fopp than I ever will for HMV
(
Joe Scaramanga with a G-double-O-D vibration,
Tue 15 Jan 2013, 8:55,
archived)
You only pay corporation tax on your profits...so the corp tax avoidance doesn't really come into play, as they will have paid the same corporation tax as Amazon, i.e. bugger all tax on bugger all profit.
HMV did, however, try to get out of paying VAT by importing goods through Gurnsey.
en.wikipedia.org/wiki/Value_Added_Tax_(United_Kingdom)#Avoidance.2C_evasion_and_fraud
(,
Tue 15 Jan 2013, 20:51,
archived)
HMV did, however, try to get out of paying VAT by importing goods through Gurnsey.
en.wikipedia.org/wiki/Value_Added_Tax_(United_Kingdom)#Avoidance.2C_evasion_and_fraud