Submitted on Wednesday 21st November 2012
Published on Thursday 22nd November 2012
Current status: Closed
Closed: Friday 22nd November 2013
Signatures: 43
20% turnover tax for Global corporations
We want the UK government to impose a 20% turnover tax on Global companies with a UK turnover of £50 million or above.
The turnover tax should be applied to any company that declares low profits in the UK but very high profits in a tax haven or low tax country AND where tax haven profits are largely contributed to by the UK arm of the same corporation.
Why should you vote for this petition?
* It is unfair for these global corporations to 'syphon' money from the UK in this manner.
* It gives many global companies an unfair competitive advantage which is slowly putting UK only businesses out of business.
* Such practices are often a tax on the lower classes of UK society, making millions for the most wealthy in society.
* This tax is far better than increasing the tax burden on ordinary people.
You can't sign this petition because it is now closed. But you can still comment on it here at Repetition.me!
3.145.46.232 Fri, 15 Nov 2024 11:52:58 +0000
