FORUMS FORUMS






RLFANS.COM
Celebrating
25 years service to
the Rugby League
Community!

   WWW.RLFANS.COM • View topic - Zero tax - Rolls Royce joins the club
::Off-topic discussion.
Dally 
User avatar
RankPostsTeam
International Chairman14845No
Team
Selected
JoinedServiceReputation
Dec 22 200123 yearsN/A
OnlineLast PostLast Page
23rd Oct 21 15:0122nd Jul 21 09:42LINK
Milestone Posts
10000
15000
Milestone Years
0510 1520 2530

Re: Zero tax - Rolls Royce joins the club : Thu Mar 07, 2013 5:52 pm  
Him wrote:
Have they lost money in the UK?


I read somewhere that their UK and US operations had not been profitable. Whether that was all activities and whether or not it was an actual loss I do not know as I guess you don't. However, it is entirely feasible given the amount of losses RBS has incurred. Furthermore, as I said it could pay tax here without making a profit. As was said above £1.2 B / $ 1.2 B of fines would reduced accounting profits but not taxable ones. So they could make, say 0.5B loss here but pay tax on 0.7 B (all other things being equal).
Dally 
User avatar
RankPostsTeam
International Chairman14845No
Team
Selected
JoinedServiceReputation
Dec 22 200123 yearsN/A
OnlineLast PostLast Page
23rd Oct 21 15:0122nd Jul 21 09:42LINK
Milestone Posts
10000
15000
Milestone Years
0510 1520 2530

Re: Zero tax - Rolls Royce joins the club : Thu Mar 07, 2013 5:54 pm  
DaveO wrote:
Did you read what he wrote? It is essentially about how multinational companies attribute profits across the group and his conclusion is the UK should be attributed with a much higher profit than it has been.



I did and what he wrote, as I explained, was deliberatley slanted to achieve a conclusion he wanted. If his averaging had have been detrimental to his argument he would have considered things on a more realistic basis. He should know better.
Dally 
User avatar
RankPostsTeam
International Chairman14845No
Team
Selected
JoinedServiceReputation
Dec 22 200123 yearsN/A
OnlineLast PostLast Page
23rd Oct 21 15:0122nd Jul 21 09:42LINK
Milestone Posts
10000
15000
Milestone Years
0510 1520 2530

Re: Zero tax - Rolls Royce joins the club : Thu Mar 07, 2013 6:00 pm  
Rooster Booster wrote:
They MUST pay tax. End of. It's disgraceful the way larger corporations seem to have governments by the short and curlies, often threatening to close places down and thereby increasing unemployment.

Or. You could always buy shares in them. A quick look shows they've more than doubled in the last year. Rich people would have and pension funds probably have also.


Until there is a global tax system that will be the case. Governments choose to be grabbed by the short and curiles they can easily be tough if they wish. Look at the way the US has treated European banks, BP, etc. The fact that our government is so soft is not the fault of the companies it is due to inept politicians and a wet electorate.
RankPostsTeam
International Chairman7155No
Team
Selected
JoinedServiceReputation
Dec 22 200123 years333rd
OnlineLast PostLast Page
4th Sep 24 04:131st Sep 24 23:56LINK
Milestone Posts
5000
10000
Milestone Years
0510 1520 2530
Location
Sydney 2000

Re: Zero tax - Rolls Royce joins the club : Thu Mar 07, 2013 8:28 pm  
Dally wrote:
Until there is a global tax system that will be the case. Governments choose to be grabbed by the short and curiles they can easily be tough if they wish. Look at the way the US has treated European banks, BP, etc. The fact that our government is so soft is not the fault of the companies it is due to inept politicians and a wet electorate.



Yeah, I know. Poor form ain't it?
DaveO 
User avatar
RankPostsTeam
Moderator14395No
Team
Selected
JoinedServiceReputation
Dec 22 200123 years331st
OnlineLast PostLast Page
4th May 24 14:0028th May 22 23:44LINK
Milestone Posts
10000
15000
Milestone Years
0510 1520 2530
Location
Chester
Signature
Last league derby at Central Park 5/9/1999: Wigan 28 St. Helens 20
Last league derby at Knowsley Road 2/4/2010: St. Helens 10 Wigan 18
Moderator

Re: Zero tax - Rolls Royce joins the club : Thu Mar 07, 2013 9:26 pm  
Dally wrote:
I did and what he wrote, as I explained, was deliberatley slanted to achieve a conclusion he wanted. If his averaging had have been detrimental to his argument he would have considered things on a more realistic basis. He should know better.


If his averaging had have been detrimental to his argument he wouldn't have had an argument. It's either reasonable to apply the formula he did to apportion profits or it isn't but the results of applying it are as he stated.
Dally 
User avatar
RankPostsTeam
International Chairman14845No
Team
Selected
JoinedServiceReputation
Dec 22 200123 yearsN/A
OnlineLast PostLast Page
23rd Oct 21 15:0122nd Jul 21 09:42LINK
Milestone Posts
10000
15000
Milestone Years
0510 1520 2530

Re: Zero tax - Rolls Royce joins the club : Thu Mar 07, 2013 9:32 pm  
DaveO wrote:
If his averaging had have been detrimental to his argument he wouldn't have had an argument. It's either reasonable to apply the formula he did to apportion profits or it isn't but the results of applying it are as he stated.


It is not reasonable. Therefore he has no point.

What is a good point is the one he makes about country by country reporting. That would increase transparency and catch the rogues, especially if management charges, royalties, intra-country transfers had to be spelt out in detail and if transactions with low-tax jurisdictions had to be shown and summarised as to their effect.
User avatar
RankPostsTeam
International Chairman37704No
Team
Selected
JoinedServiceReputation
May 25 200223 yearsN/A
OnlineLast PostLast Page
7th Aug 18 19:077th Aug 18 19:06LINK
Milestone Posts
30000
40000
Milestone Years
0510 1520 2530
Location
Zummerzet, where the zoider apples grow
Signature
The older I get, the better I was

Advice is what we seek when we already know the answer - but wish we didn't

I'd rather have a full bottle in front of me than a full-frontal lobotomy
------------------------------------------------------------------------------------------------------------
kirkstaller wrote: "All DNA shows is that we have a common creator."

cod'ead wrote: "I have just snotted weissbier all over my keyboard & screen"

------------------------------------------------------------------------------------------------------------
"No amount of cajolery, and no attempts at ethical or social seduction, can eradicate from my heart a deep burning hatred for the Tory Party. So far as I am concerned they are lower than vermin." - Aneurin Bevan

Re: Zero tax - Rolls Royce joins the club : Thu Mar 07, 2013 9:39 pm  
So a bank that gets caught out laundering $hundreds of billions and pays the US a $1.2bn fine, then swans around shifting money across borders to minimise tax payments, awards its CEO with a bonus? The cunt should be in jail.

At least Elizabeth Warren seems to be gunning for 'em
So a bank that gets caught out laundering $hundreds of billions and pays the US a $1.2bn fine, then swans around shifting money across borders to minimise tax payments, awards its CEO with a bonus? The cunt should be in jail.

At least Elizabeth Warren seems to be gunning for 'em
User avatar
RankPostsTeam
In The Arms of 13 Angels14522No
Team
Selected
JoinedServiceReputation
Feb 26 200223 yearsN/A
OnlineLast PostLast Page
30th Jan 14 14:039th Jan 14 11:22LINK
Milestone Posts
10000
15000
Milestone Years
0510 1520 2530
Location
Online
Signature
Freedom without Socialism is privilege and injustice.
Socialism without freedom is slavery and brutality.

Re: Zero tax - Rolls Royce joins the club : Fri Mar 08, 2013 9:16 am  
Dally wrote:
Until there is a global tax system that will be the case. Governments choose to be grabbed by the short and curiles they can easily be tough if they wish. Look at the way the US has treated European banks, BP, etc. The fact that our government is so soft is not the fault of the companies it is due to inept politicians and a wet electorate.

That's because no one normal-sized country can afford to go it alone ... but if a group of them decided to do something about it, their collective elbow could have the power ... they could tell any company to get stuffed unless they toe the line.

It would have to be a large collective.

Like the EU, for example.
DaveO 
User avatar
RankPostsTeam
Moderator14395No
Team
Selected
JoinedServiceReputation
Dec 22 200123 years331st
OnlineLast PostLast Page
4th May 24 14:0028th May 22 23:44LINK
Milestone Posts
10000
15000
Milestone Years
0510 1520 2530
Location
Chester
Signature
Last league derby at Central Park 5/9/1999: Wigan 28 St. Helens 20
Last league derby at Knowsley Road 2/4/2010: St. Helens 10 Wigan 18
Moderator

Re: Zero tax - Rolls Royce joins the club : Fri Mar 08, 2013 9:19 am  
Dally wrote:
It is not reasonable. Therefore he has no point.


That is a matter of opinion and I would say he does have a point. He is simply applying known formula to illustrate what contribution of group profits should be attributed to the UK.

What is a good point is the one he makes about country by country reporting. That would increase transparency and catch the rogues, especially if management charges, royalties, intra-country transfers had to be spelt out in detail and if transactions with low-tax jurisdictions had to be shown and summarised as to their effect.


And because it isn't transparent he made his calculations.
User avatar
RankPostsTeam
International Chairman37704No
Team
Selected
JoinedServiceReputation
May 25 200223 yearsN/A
OnlineLast PostLast Page
7th Aug 18 19:077th Aug 18 19:06LINK
Milestone Posts
30000
40000
Milestone Years
0510 1520 2530
Location
Zummerzet, where the zoider apples grow
Signature
The older I get, the better I was

Advice is what we seek when we already know the answer - but wish we didn't

I'd rather have a full bottle in front of me than a full-frontal lobotomy
------------------------------------------------------------------------------------------------------------
kirkstaller wrote: "All DNA shows is that we have a common creator."

cod'ead wrote: "I have just snotted weissbier all over my keyboard & screen"

------------------------------------------------------------------------------------------------------------
"No amount of cajolery, and no attempts at ethical or social seduction, can eradicate from my heart a deep burning hatred for the Tory Party. So far as I am concerned they are lower than vermin." - Aneurin Bevan

Re: Zero tax - Rolls Royce joins the club : Fri Mar 08, 2013 11:34 am  
Dally wrote:
It is not reasonable. Therefore he has no point.

What is a good point is the one he makes about country by country reporting. That would increase transparency and catch the rogues, especially if management charges, royalties, intra-country transfers had to be spelt out in detail and if transactions with low-tax jurisdictions had to be shown and summarised as to their effect.


Haven't this bunch of shysters decided against legislating for transparent reporting because it would be "too difficult for multi-nationals to administer"? Dodging the fooking tax seems to present them with little difficulty
Previous

Who is online

Users browsing this forum: No registered users and 72 guests

REPLY

Subject: 
Message:
   
Please note using apple style emoji's can result in posting failures.
Use the FULL EDITOR to better format content or upload images, be notified of replies etc...

Return to The Sin Bin


RLFANS Recent Posts
FORUM
LAST
POST
TOPIC
POSTER
POSTS
12m
NRL Expansion
NickyKiss
4
14m
Recruitment rumours and links
Velcro Boots
3601
21m
DoR - New Coach - Investor & Adam - New signings
The Dentist
4102
Recent
Hopes and Dreams for a New Season
WYSIWYG2
7
Recent
Rumours and signings v9
MadDogg
28946
Recent
Pre-season
chapylad
8
Recent
Film game
Boss Hog
6180
Recent
Rumours thread
Trojan Horse
2530
Recent
Takeover
Irregular Ho
22
FORUM
LAST
VIEW
TOPIC
POSTER
POSTS
34s
Hopes and Dreams for a New Season
WYSIWYG2
7
50s
Open Trials
Torbreck
8
1m
Super League
FIL
36
2m
Game - Song Titles
Boss Hog
40890
2m
Spirit of the Rhinos
YoRhino
19
2m
Rumours and signings v9
MadDogg
28946
3m
Takeover
Irregular Ho
22
3m
Pre-season
chapylad
8
3m
RIP Syd Hynes
Clearwing
6
4m
Doug Laughton
Once were Lo
15
FORUM
NEW
TOPICS
TOPIC
POSTER
POSTS
TODAY
NRL Expansion
NickyKiss
4
TODAY
Pre-season
chapylad
8
TODAY
Josh Thewlis extents deal
Huddersfield
1
TODAY
Takeover
Irregular Ho
22
TODAY
RIP Syd Hynes
Clearwing
6
TODAY
Small squad numbers
Chesterrhino
7
TODAY
Hopes and Dreams for a New Season
WYSIWYG2
7
TODAY
Open Trials
Torbreck
8
TODAY
Shareholder/Fans Forum
alegend
35
TODAY
Elliot Michella extends contract
Huddersfield
1
TODAY
Christmas Party Night B Vue tonight cancelled
Dunkirk Spir
3
TODAY
Doug Laughton
Once were Lo
15
TODAY
Sports Personality of the Year
rubber ducki
17
TODAY
Forget-me-not Childrens hospice
H.G.S.A
1
TODAY
All time academy produced Super league era side
rollin thund
5
TODAY
Wigan warriors 2022 away shirt
WWste
4
TODAY
Captains Challenge for Televised Games in 2025
Huddersfield
5
NEWS ITEMS
VIEWS
Captains Challenge for Televis..
373
England Women Las Vegas train-..
533
Opening Championship and Leagu..
709
2025 Betfred Super League Fixt..
2002
Magic Weekend 2025 - Back To N..
1098
England Beat Samoa To Take Tes..
1755
England's Women Demolish The W..
1622
England Beat Samoa Comfortably..
1847
Operational Rules Tribunal â..
1567
IMG-RFL club gradings released..
1798
Wakefield Trinity Win Champion..
2356
Hunslet Secure Promotion After..
2558
Trinity Into Play Off Final Af..
2796
Wigan Warriors Crowned Champio..
2350
York Valkyrie Win Back to Back..
2594
RLFANS Match Centre
Matches on TV
Thu 13th Feb
SL
20:00
Wigan-Leigh
Fri 14th Feb
SL
20:00
Hull KR-Castleford
SL
20:00
Catalans-Hull FC
Sat 15th Feb
SL
15:00
Leeds - Wakefield
SL
17:30
St.Helens-Salford
Sun 16th Feb
SL
15:00
Huddersfield-Warrington
Thu 20th Feb
SL
20:00
Wakefield - Hull KR
Fri 21st Feb
SL
20:00
Warrington-Catalans
SL
20:00
Hull FC-Wigan
Sat 22nd Feb
SL
15:00
Salford-Leeds
SL
20:00
Castleford-St.Helens
Sun 23rd Feb
SL
14:30
Leigh-Huddersfield
Fri 28th Feb
SL
20:00
Huddersfield-Hull FC
SL
20:00
Hull KR-Salford
SL
20:00
Leigh-Catalans
Sat 1st Mar
SL
14:30
Wakefield - St.Helens
SL
21:30
Wigan-Warrington
Sun 2nd Mar
SL
15:00
Leeds-Castleford
Thu 6th Mar
SL
20:00
Hull FC-Leigh
Fri 7th Mar
SL
20:00
Castleford-Salford
This is an inplay table and live positions can change.
Mens Betfred Super League XXVIII ROUND : 1
 PLDFADIFFPTS
Wigan 29 768 338 430 48
Hull KR 29 731 344 387 44
Warrington 29 769 351 418 42
Leigh 29 580 442 138 33
Salford 28 556 561 -5 32
St.Helens 28 618 411 207 30
 
Catalans 27 475 427 48 30
Leeds 27 530 488 42 28
Huddersfield 27 468 658 -190 20
Castleford 27 425 735 -310 15
Hull FC 27 328 894 -566 6
LondonB 27 317 916 -599 6
This is an inplay table and live positions can change.
Betfred Championship 2024 ROUND : 1
 PLDFADIFFPTS
Wakefield 27 1032 275 757 52
Toulouse 26 765 388 377 37
Bradford 28 723 420 303 36
York 29 695 501 194 32
Widnes 27 561 502 59 29
Featherstone 27 634 525 109 28
 
Sheffield 26 626 526 100 28
Doncaster 26 498 619 -121 25
Halifax 26 509 650 -141 22
Batley 26 422 591 -169 22
Swinton 28 484 676 -192 20
Barrow 25 442 720 -278 19
Whitehaven 25 437 826 -389 18
Dewsbury 27 348 879 -531 4
Hunslet 1 6 10 -4 0
RLFANS Recent Posts
FORUM
LAST
POST
TOPIC
POSTER
POSTS
12m
NRL Expansion
NickyKiss
4
14m
Recruitment rumours and links
Velcro Boots
3601
21m
DoR - New Coach - Investor & Adam - New signings
The Dentist
4102
Recent
Hopes and Dreams for a New Season
WYSIWYG2
7
Recent
Rumours and signings v9
MadDogg
28946
Recent
Pre-season
chapylad
8
Recent
Film game
Boss Hog
6180
Recent
Rumours thread
Trojan Horse
2530
Recent
Takeover
Irregular Ho
22
FORUM
LAST
VIEW
TOPIC
POSTER
POSTS
34s
Hopes and Dreams for a New Season
WYSIWYG2
7
50s
Open Trials
Torbreck
8
1m
Super League
FIL
36
2m
Game - Song Titles
Boss Hog
40890
2m
Spirit of the Rhinos
YoRhino
19
2m
Rumours and signings v9
MadDogg
28946
3m
Takeover
Irregular Ho
22
3m
Pre-season
chapylad
8
3m
RIP Syd Hynes
Clearwing
6
4m
Doug Laughton
Once were Lo
15
FORUM
NEW
TOPICS
TOPIC
POSTER
POSTS
TODAY
NRL Expansion
NickyKiss
4
TODAY
Pre-season
chapylad
8
TODAY
Josh Thewlis extents deal
Huddersfield
1
TODAY
Takeover
Irregular Ho
22
TODAY
RIP Syd Hynes
Clearwing
6
TODAY
Small squad numbers
Chesterrhino
7
TODAY
Hopes and Dreams for a New Season
WYSIWYG2
7
TODAY
Open Trials
Torbreck
8
TODAY
Shareholder/Fans Forum
alegend
35
TODAY
Elliot Michella extends contract
Huddersfield
1
TODAY
Christmas Party Night B Vue tonight cancelled
Dunkirk Spir
3
TODAY
Doug Laughton
Once were Lo
15
TODAY
Sports Personality of the Year
rubber ducki
17
TODAY
Forget-me-not Childrens hospice
H.G.S.A
1
TODAY
All time academy produced Super league era side
rollin thund
5
TODAY
Wigan warriors 2022 away shirt
WWste
4
TODAY
Captains Challenge for Televised Games in 2025
Huddersfield
5
NEWS ITEMS
VIEWS
Captains Challenge for Televis..
373
England Women Las Vegas train-..
533
Opening Championship and Leagu..
709
2025 Betfred Super League Fixt..
2002
Magic Weekend 2025 - Back To N..
1098
England Beat Samoa To Take Tes..
1755
England's Women Demolish The W..
1622
England Beat Samoa Comfortably..
1847
Operational Rules Tribunal â..
1567
IMG-RFL club gradings released..
1798
Wakefield Trinity Win Champion..
2356
Hunslet Secure Promotion After..
2558
Trinity Into Play Off Final Af..
2796
Wigan Warriors Crowned Champio..
2350
York Valkyrie Win Back to Back..
2594


Visit the RLFANS.COM SHOP
for more merchandise!