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by figbucket 4767 days ago
They maybe right but it isn't equal, it's giving them a competitive advantage.

I agree with paying the minimum amount of tax but what does that actually mean? Eric Schmidt said he believes taxes should be at the base of economic activity (ie Ireland) but this is bullshit because it puts all the power in the hands of the corporations and incentivies countries to lower taxes to encourage corporations to move there.

Taxes should be based on where products are consumed so that each country taxes the exact percentage of profits generated from sales in that country. If in the UK Google sales amounted to £1b profit then £230m should be corporation taxes.