The full Fair Tax Mark report on the tax avoidance of the Big Six Silicon Valley tech companies is now out.
This report has already been noted around the world, and rightly so. I am delighted an organisation I was until recently a director of and which I now advise produced this.
The links are in here:
"The Silicon Six and their $100 billion global tax gap" is now uploaded onto our website and is free to download. Visit https://t.co/2bEp1vuwmH pic.twitter.com/qukRMluQwr
— Fair Tax Foundation (@FairTaxMark) December 5, 2019
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One would hope that the Fair Tax Mark experts would understand that tax is paid on profit, not revenue. Reading that summary though, possibly not.
You clearly have not read it properly then
One is in manufacturing, one services, one retail; it’s almost a textbook example of different profit margins in different sectors??
But tax is on profit
And that ultimately is what the report is about