{"id":20826,"date":"2013-05-17T15:21:43","date_gmt":"2013-05-17T14:21:43","guid":{"rendered":"http:\/\/www.taxresearch.org.uk\/Blog\/?p=20826"},"modified":"2013-05-17T15:21:43","modified_gmt":"2013-05-17T14:21:43","slug":"unitary-taxation-would-tax-google-amazon-and-the-others-who-are-intent-on-free-riding","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2013\/05\/17\/unitary-taxation-would-tax-google-amazon-and-the-others-who-are-intent-on-free-riding\/","title":{"rendered":"Unitary taxation would tax Google, Amazon, and the others who are intent on free-riding"},"content":{"rendered":"<p>I've been asked to suggest how we could stop Google, Amazon and others beating the UK tax system, as they beat many of the\u00a0tax\u00a0systems\u00a0around\u00a0the world. One answer is unitary taxation.<\/p>\n<p>In December the Tax Justice Network published\u00a0<a href=\"http:\/\/www.taxjustice.net\/cms\/upload\/pdf\/Towards_Unitary_Taxation_1-1.pdf\">a paper<\/a>\u00a0by Sol Picciotto explaining unitary taxation.\u00a0Amid rising public concern at how multinational firms ride roughshod over international tax rules, the paper advocated a shift to a system unitary tax system because under this approach the global profits of a multinational are \u2018apportioned out\u2019 to countries according to the genuine economic substance of what it does in each place. Each country can then tax its share of global profits at its own rate.<\/p>\n<p>Not everyone agrees, of course, so another\u00a0<a href=\"http:\/\/www.taxjustice.net\/cms\/upload\/pdf\/Unitary_Taxation_Responses-1.pdf\">paper<\/a>, also written by Prof. Picciotto has answered ten\u00a0criticisms\u00a0of the\u00a0approach.<\/p>\n<p>What\u2019s important about all this? Well, it shows we don\u2019t have to put up with\u00a0corporate\u00a0tax abuse. There are\u00a0alternatives. And the fact is, those alternatives would work. That\u2019s why we promote them.<\/p>\n<p>The question is, why isn't the\u00a0idea\u00a0getting the support it\u00a0deserves?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I&#8217;ve been asked to suggest how we could stop Google, Amazon and others beating the UK tax system, as they beat many of the\u00a0tax\u00a0systems\u00a0around\u00a0the world.<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2013\/05\/17\/unitary-taxation-would-tax-google-amazon-and-the-others-who-are-intent-on-free-riding\/\"><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":[102],"tags":[],"class_list":["post-20826","post","type-post","status-publish","format-standard","hentry","category-unitary-taxation"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/20826","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=20826"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/20826\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=20826"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=20826"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=20826"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}