Denamark and Poland have clamped down on tax dodging companies amid the coronavirus pandemic
Denmark and Poland are refusing to let companies registered in offshore tax havens seek financial aid from theirThe Danish finance ministry extended is support scheme until July, but warned firms that have not paid domestic taxes would not be eligible for state aid. ‘Companies seeking compensation after the extension of the schemes must pay the tax to which they are liable under international agreements and national rules’, a translation of the statement said.
‘Companies based on tax havens in accordance with EU guidelines cannot receive compensation, insofar as it is possible to cut them off under EU law and any other international obligations.’large companies wanting a chunk of a roughly £5 billion bailout fund must pay domestic business taxes.‘Let’s end tax havens, which are the bane of modern economies’ he said.
Danish Prime Minister Mette Frederiksen has exclude companies registered in tax heavens from state aid Following the news of Denmark and Poland, there were calls for other countries, including the UK to follow suit.
This is logic !!!! I hope applying in law as well
UK should adopt the same policy as Millionaires & Billionaires consistently dodge taxes & stashed their 'fortune' in multiple 'tax havens'( such as Branson,Posh & Beck,Philip Green,Mike Ashley etc..) should bail out their own failed businesses!!
Fund raising for POST COVID HUNGER / POVERTY TSUNAMI IS COMING LIKE WE'VE NEVER SEEN
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Source: The Independent - 🏆 80. / 59 Read more »