Tax is one of life’s inevitabilities, as Benjamin Franklin lamented, but the idea that it may also be one of the bedrocks of civilisation just isn’t on the agenda for these multinationals, nor us for that matter, writes Mungo MacCallum. 1,074 more words
Tags » Multinationals
Don't worry about giving back: it's all about profit: Greed is Good Tax is a necessary evil: right wing commentators from the Institute of Public Affairs, The Australian, the Financial Review and the rest of the neo-Liberal mob won't give you too hard a time if you do. And nor, of course, will the ghost of Kerry Packer.
Pepsi-Cola – Feb-May 1992:
In a bid to revive their fortunes in South East Asia where Coca-Cola were outselling them by a huge distance (75% to 17% market share), Pepsi-Cola Philippine Inc.’s top brass put their heads together and came up with an ingenious marketing plan called the “The Number Fever”.The plan was simple: the underside of the bottle caps of some of their best selling drinks – Pepsi, Mountain Dew and 7 Up – would have a 3-digit number and a cash prize amount ranging from 1000 pesos to 1 million pesos imprinted on them. 607 more words
What would Oscar Romero think?
Whether one considers Romero a saint, or merely a patriot who died trying to save his country from further suffering and violence, somehow I don’t think he’d look down on El Salvador, Guatemala and Honduras with anything but sadness. 835 more words
The European Commission has proposed Tax Transparency Package to suppress illegal transactions between tax heaven countries and multinational corporations.
This Package aiming to deal with tax evasion includes the introduction of the automatic exchange of information about EU members’ respective tax legislations and other initiatives to promote the tax transparency in Eurozone. 199 more words