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BBCNEWS Dateline London June 4, 2024 18:38:00

Massive profit out of this, many companies are capitalising regulated over there, they have a physical presence and there should be an exemption for that. you take a company like amazon, its retail arm, the reason it is destroying big businesses on high streets and main street is because its profit margins are almost zero and its retail business. how are you going to attack that? you are trying to find the profitable bits of amazon, web services, cloud computing, and makes an astonishing amount of money it s easily the most profitable part. trying to tax that separately, where does that and? every company has subsidiaries, i like this one, and this one in the sun by not going to count that one, i think that s going to get very messy indeed and talking to get very messy indeed and talking to tax lawyers, which i do boringly enough on a quite regular basis, is this going to put the big four for fans of the business and aggressive tax plantings where they move it on ....

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BBCNEWS Dateline London June 4, 2024 18:36:00

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