Pages: [1] 2 :: one page |
|
Author |
Thread Statistics | Show CCP posts - 0 post(s) |
Kirjava
E X C E P T I O N
32
|
Posted - 2012.12.08 01:46:00 -
[1] - Quote
Well, just realised there wasn't anything about this up, and hoping that CCP Falcon is cool with this economic commentary
I'm not quite sure how well known it is outside of the UK right now that Starbucks, Google and Amazon are in a spot of bother. It turns out these foreign multinationals, had been perhaps abusing the tax code to decrease the amount of Tax that they were paying by operating multiple companies within the EU, and having a Dutch company charge their British company royalties for using the Starbucks logo internally. This kind of approach lead to tax payments of around -ú9m over the last decade, on the basis of not earning much, and in fact a loss in the UK over the last few years.
And then someone in the Tax office (Her Majesties Revenue and Customs, HRMC) noticed that in the US Starbucks was reporting healthy profits, and different figures to HRMC. This has lead to a mass boycott of Stabucks, occupations by protests to the point where Starbucks was commerialy threatened enough to unilaterally declare it was going to pay more taxes.
There is a joke here that people pay taxes, and megacorps can choose, or thats the gist of it. British humour being what it is, I don't thing that Starbucks just went and made itself the punchline. The current estimates that this announcement to pay -ú10M/year has backfired and turned Starbucks into the most despised corporation of the liberal, Guardian reading, coffee swilling Apple Mac utilising target market of Starbucks. Estimated damages to the reputation of the corproation are being compounded by cutting staff benefits and break hours. Estimated compound damage is up to 24% of revenue.
Then there's the fact that they offered HMRC money to voluntarily pay more tax, thus motivating them to perform a full investigation and a potential backlog of tax charges, possibly based off of their profit from the UK division on their Dividend sheets.
As it stands, Parliamentary enquiry, HMRC investigation and now the Conservative party are going into an election with easy political capital to be made by clamping down on these tax loopholes which are all over the media daily now.
Popcorn anyone?
Haruhiists - Overloading Out of Pod discussions since 2007. Cardinal Kirjava - Redeclaring the Crusade in the name of the Goddess since 2012. |
Surfin's PlunderBunny
The Python Cartel.
4054
|
Posted - 2012.12.08 02:03:00 -
[2] - Quote
I hear that Starbucks is the only company in the world trying to dodge taxes and that's sickening "Little ginger moron" ~David Hasselhoff-á |
Kirjava
E X C E P T I O N
32
|
Posted - 2012.12.08 02:10:00 -
[3] - Quote
Surfin's PlunderBunny wrote:I hear that Starbucks is the only company in the world trying to dodge taxes and that's sickening Nah, legaly they are the first of a group to be caught and be admitting culpability by offering to pay more taxes. The point is that Starbucks are the ones being used as a proving ground in the investigations to see how much the rest of the corporations owe. Its different when its morally bankrupt but legal, but now it looks like Politicians have more to gain by enforcing the law on the corporations than on being complicit to stimulate growth. A large section of the UK's economy is composed of these entities, so it will be disproportionately bigger in its effect.
Haruhiists - Overloading Out of Pod discussions since 2007. Cardinal Kirjava - Redeclaring the Crusade in the name of the Goddess since 2012. |
Mohr Cowbell
Dreddit Test Alliance Please Ignore
482
|
Posted - 2012.12.08 02:14:00 -
[4] - Quote
What |
Kirjava
E X C E P T I O N
32
|
Posted - 2012.12.08 02:19:00 -
[5] - Quote
Somebody set up us the bomb.
Haruhiists - Overloading Out of Pod discussions since 2007. Cardinal Kirjava - Redeclaring the Crusade in the name of the Goddess since 2012. |
raskonalkov
Tie Fighters Inc
0
|
Posted - 2012.12.08 02:47:00 -
[6] - Quote
I heard they phone hacked starbucks to find out this information left on answering machines.
No one messes with england, no one. |
Armand Cinnabon
Evolution The Retirement Club
2
|
Posted - 2012.12.08 03:10:00 -
[7] - Quote
I heard Starbucks spends more money on employee benefits than coffee beans.
Go Starbucks! |
Mohr Cowbell
Dreddit Test Alliance Please Ignore
482
|
Posted - 2012.12.08 03:24:00 -
[8] - Quote
Kirjava wrote:Somebody set up us the bomb.
|
Webvan
State War Academy Caldari State
179
|
Posted - 2012.12.08 03:41:00 -
[9] - Quote
+1 @ Starbucks
Dude I had two dark roast mediums at Starbucks yesterday, I was so wired. They even had ...CHRISTMAS decorations all over the place, they gotta be seriously hated. Maybe you guys can just force them out, then open government owned coffee shops (and everything else). Just go ahead and take that last step, you're on your way that way anyhoot. Just do like France is doing, and Greece has already done. How could it ever fail???
|
Jago Kain
Ramm's RDI Tactical Narcotics Team
39
|
Posted - 2012.12.08 03:56:00 -
[10] - Quote
Webvan wrote:+1 @ Starbucks Dude I had two dark roast mediums at Starbucks yesterday, I was so wired. They even had ...CHRISTMAS decorations all over the place, they gotta be seriously hated. Maybe you guys can just force them out, then open government owned coffee shops (and everything else). Just go ahead and take that last step, you're on your way that way anyhoot. Just do like France is doing, and Greece has already done. How could it ever fail???
Alternately you could buy your **** weak coffee flavour milk drink from Costa Coffee instead.
All the legendary lack of taste that Starbucks is famous for, but with 30% of UK profits paid in tax.... and they don't have a tantrum and threaten to nerf working conditions for their staff at the thought of actually paying any tax at all.
Just a thought. One original thought is worth a thousand mindless quotings - Diogenes. |
|
Surfin's PlunderBunny
The Python Cartel.
4055
|
Posted - 2012.12.08 04:10:00 -
[11] - Quote
Jago Kain wrote:Webvan wrote:+1 @ Starbucks Dude I had two dark roast mediums at Starbucks yesterday, I was so wired. They even had ...CHRISTMAS decorations all over the place, they gotta be seriously hated. Maybe you guys can just force them out, then open government owned coffee shops (and everything else). Just go ahead and take that last step, you're on your way that way anyhoot. Just do like France is doing, and Greece has already done. How could it ever fail??? Alternately you could buy your **** weak coffee flavour milk drink from Costa Coffee instead. All the legendary lack of taste that Starbucks is famous for, but with 30% of UK profits paid in tax.... and they don't have a tantrum and threaten to nerf working conditions for their staff at the thought of actually paying any tax at all. Just a thought.
Yeah, but your weird little coffee place isn't starbucks
"Little ginger moron" ~David Hasselhoff-á |
Kirjava
E X C E P T I O N
32
|
Posted - 2012.12.08 04:15:00 -
[12] - Quote
Surfin's PlunderBunny wrote:[quote=Jago Kain] Yeah, but your weird little coffee place isn't starbucks Thats kinda the point, Costa and the independents are seeing trade spike parallel to Starbucks decline. Starbucks isn't the only one, I can't get any elbow room in my local cafe now because the Starbucks regulars have left it (Edinburgh).
Haruhiists - Overloading Out of Pod discussions since 2007. Cardinal Kirjava - Redeclaring the Crusade in the name of the Goddess since 2012. |
Webvan
State War Academy Caldari State
179
|
Posted - 2012.12.08 04:22:00 -
[13] - Quote
Jago Kain wrote: from Costa Coffee instead. What? ...never heard of it. Is that like this place?
|
Eli Green
The Arrow Project
92
|
Posted - 2012.12.08 04:33:00 -
[14] - Quote
*Leaves Canada and looks for a coffee shop, sees starbucks* :Prices: *runs back to Canada* wumbo |
Ssakaa
Murientor Tribe Defiant Legacy
261
|
Posted - 2012.12.08 05:29:00 -
[15] - Quote
Kirjava wrote:the most despised corporation of the liberal, Guardian reading, coffee swilling Apple Mac utilising target market of Starbucks.
Eww. The Guardian.
With the Guardian's readership plummeting, and Guido Fawkes (bless him them), recently observing both kettle and pot and calling out black on each vis a vis Polly Toy 'n' Bee and the her Islington/Tuscany set on this very subject, one's as bad as t'other, so it would appear.
I love Guido -he does make exceedingly good scandals. "Gypsy Secora" Amun, travelling psy-chic and misfortune-teller. Cross my palm with iskies.
|
Surfin's PlunderBunny
The Python Cartel.
4061
|
Posted - 2012.12.08 06:14:00 -
[16] - Quote
Kirjava wrote:the most despised corporation of the liberal, Guardian reading, coffee swilling Apple Mac utilising target market of Starbucks.
The mac users are switching to PC!
"Little ginger moron" ~David Hasselhoff-á |
Grimpak
Midnight Elites Echelon Rising
495
|
Posted - 2012.12.08 11:29:00 -
[17] - Quote
Ah Starbucks.
Good thing they have such a small representation here in Portugal. I mean, every 2-bit corner coffee shop here serves 60 cent expressos, and we have like 4 or 5 in each corner. [img]http://eve-files.com/sig/grimpak[/img]
[quote]The more I know about humans, the more I love animals.[/quote] ain't that right |
Borascus
Red Core Paradigm Shift Alliance
135
|
Posted - 2012.12.08 11:46:00 -
[18] - Quote
Starbucks have some pretty funny employees. I bought a coffee and panini from Starbucks yesterday just to say some of the -ú10mil was paid by me! |
Wrayeth
Inexorable Retribution
43
|
Posted - 2012.12.08 16:38:00 -
[19] - Quote
TBH, if people are actually up in arms over this and actively boycotting Starbuck's in the UK, then I envy you. Here in the U.S. people would just shrug and say, "Business as usual for a large corporation. Nothing I can do about it, so I'll just get back to doing whatever it is that I was doing and hope things work themselves out."
Basically, we're so used to crap like this happening and nothing being done that most of us have stopped trying. It really sucks. |
Bane Necran
Appono Astos
913
|
Posted - 2012.12.08 17:10:00 -
[20] - Quote
Eli Green wrote:*Leaves Canada and looks for a coffee shop, sees starbucks* :Prices: *runs back to Canada*
Nothing quite compares to Tim Horton's, although that's been owned by some Americans for years now. The rate the price is gradually being jacked up my morning extra large black will soon cost me 4 dollars, and i will seriously consider writing a strongly worded letter to them. "It's no use crying over spilt milk, because all the forces of the universe were bent on spilling it." ~William Maugham |
|
Jonah Gravenstein
Holistic Materials Research Council
4341
|
Posted - 2012.12.08 17:10:00 -
[21] - Quote
I think what really cheesed people off was that Starbucks were claiming that they were making a loss in the UK while simultaneously sending all the money to the Netherlands and writing it off as "royalties" on their tax bill. Amazon and eBay are just as guilty of fiddling their UK taxes and are supposedly negotiating with HMRC on what their tax bills should be, I wish I could negotiate with HMRC.
Always bet on stupid, CCP can't patch stupid. The measure of success in Eve is not monetary worth, it's how effectively you can enforce your will on others. |
Borascus
Red Core Paradigm Shift Alliance
135
|
Posted - 2012.12.08 17:48:00 -
[22] - Quote
Went round a big hill that one, most of it was actually used to buy ingredients at an inflated price from it's subsidiary in Switzerland lol.
But yea, claiming you didn't make any profit at all in a national venture via franchise whilst also retaining all the staff is a very lol move.
Interestingly, there was a financier thinking about whether eBay and Amazon's transaction were based in the UK as the products could ship anywhere.
I (personally) would have thought that a Google UK Office / eBay UK Office / Amazon UK Office (or .co.uk extensions) would guarantee that consumption in the UK was handled by the Office in the UK, meaning that their business occurred in the UK for legal purposes.
Sure you can buy a GoDaddytheThird.co.uk website and be like "Dude, I'm totally in the US" but if UK sales redirect to a .co.uk website the sale is already segregated.
|
Kirjava
E X C E P T I O N
34
|
Posted - 2012.12.08 18:45:00 -
[23] - Quote
Wrayeth wrote:TBH, if people are actually up in arms over this and actively boycotting Starbuck's in the UK, then I envy you. Here in the U.S. people would just shrug and say, "Business as usual for a large corporation. Nothing I can do about it, so I'll just get back to doing whatever it is that I was doing and hope things work themselves out."
Basically, we're so used to crap like this happening and nothing being done that most of us have stopped trying. It really sucks.
But dude, we're copying you, we're having the London Coffee Party at the moment, no operation without taxation
Haruhiists - Overloading Out of Pod discussions since 2007. Cardinal Kirjava - Redeclaring the Crusade in the name of the Goddess since 2012. |
Webvan
State War Academy Caldari State
181
|
Posted - 2012.12.08 20:53:00 -
[24] - Quote
Wrayeth wrote:TBH, if people are actually up in arms over this and actively boycotting Starbuck's in the UK, then I envy you. Here in the U.S. people would just shrug and say, "Business as usual for a large corporation. Nothing I can do about it, so I'll just get back to doing whatever it is that I was doing and hope things work themselves out."
Basically, we're so used to crap like this happening and nothing being done that most of us have stopped trying. It really sucks. Maybe you have the wrong idea. This is America, man, the USA. Much thanks to pirates, we won the American revolution. We even, in part, adopted their form of government. This isn't Europe, man, we're pirates and cowboys, the government is our servant, not our masters, and we are almost required by law to keep what's ours and holdout to peeps that think it's theirs because they can write up meaningless laws. You don't screw your neighbor, but you don't let your neighbor screw you. Now go enjoy the American dream, Bro.
|
Mars Theran
Tribal Liberation Force Minmatar Republic
497
|
Posted - 2012.12.09 00:41:00 -
[25] - Quote
Surfin's PlunderBunny wrote:Jago Kain wrote:Webvan wrote:+1 @ Starbucks Dude I had two dark roast mediums at Starbucks yesterday, I was so wired. They even had ...CHRISTMAS decorations all over the place, they gotta be seriously hated. Maybe you guys can just force them out, then open government owned coffee shops (and everything else). Just go ahead and take that last step, you're on your way that way anyhoot. Just do like France is doing, and Greece has already done. How could it ever fail??? Alternately you could buy your **** weak coffee flavour milk drink from Costa Coffee instead. All the legendary lack of taste that Starbucks is famous for, but with 30% of UK profits paid in tax.... and they don't have a tantrum and threaten to nerf working conditions for their staff at the thought of actually paying any tax at all. Just a thought. Yeah, but your weird little coffee place isn't starbucks
Not to mention, "lack of taste" wtf, people here complain that all Starbucks coffee is so strong that it is undrinkable. Those that don't drink it anyway. Myself, I like it, but find some blends to strong even for me.
Starbucks Christmas is awesome. Why should we be forced to hide our traditions within the closed spaces of our homes, when other cultures and ethnic groups can flaunt them openly, even to the extent of rewriting regulations so they can change uniform requirements for police organizations specifically for them.
I saw a guy in a reflective vest and blue pants a couple months back waving a flashlight at drivers as they passed him and I didn't recognize that he was a police officer until I was nearly passing him. It's a Uniform; it's supposed to be identifiable.
..not that I really have an issue, but I'm not the only one that won't recognize it; just some guy with a flashlight to me. Could be a city worker or flag person for all I know.
Besides, call it Christmas or whatever, it has been around longer than that. Christmas tree and all, it's originally a solstice celebration; not that that should at all matter. zubzubzubzubzubzubzubzub |
Webvan
State War Academy Caldari State
182
|
Posted - 2012.12.09 01:24:00 -
[26] - Quote
Mars Theran wrote:Not to mention, "lack of taste" wtf, people here complain that all Starbucks coffee is so strong that it is undrinkable. Those that don't drink it anyway. Myself, I like it, but find some blends to strong even for me. Starbucks Christmas is awesome. Why should we be forced to hide our traditions within the closed spaces of our homes, when other cultures and ethnic groups can flaunt them openly, even to the extent of rewriting regulations so they can change uniform requirements for police organizations specifically for them. I saw a guy in a reflective vest and blue pants a couple months back waving a flashlight at drivers as they passed him and I didn't recognize that he was a police officer until I was nearly passing him. It's a Uniform; it's supposed to be identifiable. ..not that I really have an issue, but I'm not the only one that won't recognize it; just some guy with a flashlight to me. Could be a city worker or flag person for all I know. Besides, call it Christmas or whatever, it has been around longer than that. Christmas tree and all, it's originally a solstice celebration; not that that should at all matter. Well I'm in a liberal state, heh most of my friends have fled the state over the years even though they were born here too, it's just so crazy (far to the left of the map). When I was a kid, you couldn't go anywhere without excessive decorations everywhere and cheery Christmas music playing to the sway of the palm trees. That's all changed, and you can hardly outrun the lawyers standing on every corner trying to shut down every manger scene they come across. Well anyway, walking into this particular starbucks (far out of city range) was like being in a time warp, just a lot less of that around here any longer. They say my state is the proving grounds for what they want to do with the rest of the nation, so in time it'll move eastward as it usually does. |
AlleyKat
The Unwanted.
412
|
Posted - 2012.12.09 02:14:00 -
[27] - Quote
Working as intended.
If a big company finds a legal loophole, they will use it.
Anyways, I like the coffee and the staff, what do I care if they are some evil corporation?
The whole world is evil; jump in.
AK GÇ£You go into combat, and itGÇÖs NOT going to be WagnerGǪindustrial techno or really hard drum and bassGÇ¥ Reynir Hardarson, founding member of CCP Games, 2002. |
Webvan
State War Academy Caldari State
182
|
Posted - 2012.12.09 02:26:00 -
[28] - Quote
AlleyKat wrote:The whole world is evil; jump in. I'm sure many would argue with you on that point, from a projection point of view. Not pointing fingers here, actually my sister leaps out in mind whenever I notice issues of projection, at least serious issues of it heh. Starbuckz is teh debil!! uh-huh..
|
Mars Theran
Tribal Liberation Force Minmatar Republic
499
|
Posted - 2012.12.09 02:39:00 -
[29] - Quote
Starbucks staff is great; mostly college and university students paying the bills around here. Friendly for the most part, and they run a clean ship and make good coffee. I can't say that about most places I've stopped for coffee aside from that. Her Majesties Tax Collectors would be doing the world a disservice if they focused too much on them.
Funny thing is, it occurs to me that a bit of that is actually just the fact that Americans drink more coffee in Starbucks than Europeans do. I stop there 7-15 times a week myself. zubzubzubzubzubzubzubzub |
baltec1
Bat Country
3161
|
Posted - 2012.12.09 12:36:00 -
[30] - Quote
Mars Theran wrote:Her Majesties Tax Collectors would be doing the world a disservice if they focused too much on them.
Im sure they can afford it when they stop paying that trademark fee held by that dutch company that they own. |
|
|
|
|
Pages: [1] 2 :: one page |
First page | Previous page | Next page | Last page |