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UK Corporations that transfer their workloads to other countries should be taxed at 80%

Submitted on Friday 25th November 2011

Published on Friday 25th November 2011

Current status: Closed

Closed: Sunday 25th November 2012

Signatures: 3

Tagged with

Tax ~ UK

Petition Action

UK Corporations that transfer their workloads to other countries should be taxed at 80%

Additional Information

The current world economic crisis is the result of corporations relocating their manufacturing industries abroad in third world countries where costs are low.

UK Corporations investing in the building of factories abroad should pay an 80% rate of tax on profits.

UK Corporations that register abroad to avoid this tax should be nationalised.


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