{"id":16349,"date":"2012-07-11T18:04:55","date_gmt":"2012-07-11T17:04:55","guid":{"rendered":"http:\/\/www.taxresearch.org.uk\/Blog\/?p=16349"},"modified":"2012-07-11T18:04:55","modified_gmt":"2012-07-11T17:04:55","slug":"time-to-tackle-olympic-sized-tax-breaks","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2012\/07\/11\/time-to-tackle-olympic-sized-tax-breaks\/","title":{"rendered":"Time to tackle Olympic sized tax breaks"},"content":{"rendered":"<p>This comes from 38 Degrees but I am more than happy to endorse it:<\/p>\n<p><strong>The UK's winning Olympic bid included huge tax breaks for sponsors. As a result, massive multi-nationals like Coca-Cola, McDonald's and Adidas stand <a href=\"http:\/\/www.38degrees.org.uk\/page\/m\/74c054ee\/2d447e76\/5c1a729e\/467021ac\/2946121980\/VEsF\/\" target=\"_blank\">to make a tax-free fortune<\/a>.\u00a0<\/strong>Experts (<em>I think they mean me<\/em>) <a href=\"http:\/\/falseeconomy.org.uk\/blog\/the-great-olympic-tax-swindle\" target=\"_blank\">think the UK could be losing tens of millions<\/a>.<\/p>\n<p>As sponsors,\u00a0<strong>these companies will be banking on loads of positive media exposure. Let\u2019s use that to our advantage, turn the tables, and roll out a massive petition demanding they pay their fair share.<\/strong>\u00a0If the petition is big enough, and attracts enough media attention, it could be the first step in scaring these image-conscious companies into refusing their gold-plated tax break.<\/p>\n<p><strong>Can you add your name to the petition to the heads of these big companies demanding they turn down their Olympic tax dodge?<\/strong><\/p>\n<p><strong><a title=\"https:\/\/secure.38degrees.org.uk\/olympic-tax-dodging\" href=\"http:\/\/www.38degrees.org.uk\/page\/m\/74c054ee\/2d447e76\/5c1a729e\/467021b3\/2946121980\/VEsH\/\" target=\"_blank\">https:\/\/secure.38degrees.org.<wbr>uk\/olympic-tax-dodging<\/wbr><\/a><\/strong><\/p>\n<p><strong>The whole reason these gigantic companies are involved in the Olympics is for the image boost it\u2019ll provide.<\/strong>\u00a0A tarnished brand is their PR team\u2019s worst nightmare.\u00a0<strong>So what\u2019ll scare them most is our huge petition being covered in the media,<\/strong>\u00a0and high-profile hand-ins at their flagship stores. Sources tell us a few of the sponsors may already be rattled. Let\u2019s show them their Olympic tax-dodge isn\u2019t worth the PR damage by piling into the petition and sharing it with friends.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This comes from 38 Degrees but I am more than happy to endorse it: The UK&#8217;s winning Olympic bid included huge tax breaks for sponsors.<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2012\/07\/11\/time-to-tackle-olympic-sized-tax-breaks\/\"><em> Read the full article&#8230;<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,10],"tags":[],"class_list":["post-16349","post","type-post","status-publish","format-standard","hentry","category-ethics","category-tax-avoidance"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/16349","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=16349"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/16349\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=16349"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=16349"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=16349"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}