The big Brexit thread - news, updates and discussion

[kabbes]

One of the Govt's hope for Brexit is that if it allows companies to not pay taxes here, they will offshore profits from the EU to avoid paying taxes there.

A theoretical possibility, certainly. Meanwhile, the reality is that this is being done systematically today using the tax regimes of Ireland, Holland and Luxembourg. Why do you think that Kikkonen sited themselves in the Netherlands? According too their corporate spiel, their breakthrough and initial presence in Europe was in Germany, not the Netherlands. But profits earned in Germany can’t exit the EU with it consideration of a withdrawal tax.

This is what the EU does — what it was designed to do. Companies have access to the entire EU marketplace so long as they are based somewhere in the EU. So they can set up nice complex structures to avoid tax whilst still being able to trade in an uninhibited fashion across the entire economic marketplace.

 

[teqniq]

So what?

Some people are allergic to MSG or just don't like it or the idea of it in their food.

and its originally a Spanish recipe IIRC

Bit of a generalisation no?
They all look the same these Chinese supermarkets

I can only go on the experience of attempting to buy miso in a Chinese supermarket in Cardiff (the only one that sold it). The first time i bought it the brand had no MSG in it. Thereafter every time i looked they had a different brand which had it in.

 

[TopCat]

Chinese supermarket miso has MSG in it.

Yum. I like msg soya sauce.

 

[Flavour]

Some people are allergic to MSG or just don't like it or the idea of it in their food.

MSG allergy doesn't really exist and the reasons people don't like it are misguided and largely grounded in racist presumptions about East Asian diets.

 

[MickiQ]

Shuffling profits across borders is a major international business, I don't think the EU encourages it but it certainly facilitates it and makes it easier. There are good and bad things about the single market and this is one of the bad things I'm afraid.
Problem is it's not just an EU business but a worldwide one and no single state/supra-state is big enough and powerful enough to stop it . Such would take international worldwide co-operation and there is no sign of that at all, in fact it's beneficial for many smaller tax regimes to encourage it.

 

[gentlegreen]

I get plenty of umami already via the miso, seaweed and mushrooms

 

[littlebabyjesus]

Double umami. I also really like MSG. Gets a bit of a bad rap.

 

[kabbes]

Shuffling profits across borders is a major international business, I don't think the EU encourages it but it certainly facilitates it and makes it easier. There are good and bad things about the single market and this is one of the bad things I'm afraid.
Problem is it's not just an EU business but a worldwide one and no single state/supra-state is big enough and powerful enough to stop it . Such would take international worldwide co-operation and there is no sign of that at all, in fact it's beneficial for many smaller tax regimes to encourage it.

You can’t stop it so... it’s best to facilitate it, actually codifying into the rules of supranational structures that there is nothing anybody can do to mitigate it across the supranational entity even if they want to?

 

[gentlegreen]

Double umami. I also really like MSG. Gets a bit of a bad rap.

I was tempted to buy a bag last time I was at Wai Yee Hong ...

 

[TopCat]

Chinese salt.

 

[gentlegreen]

Chinese salt.

I don't use much NaCl either ...

 

[TopCat]

I don't use much NaCl either ...

You are so sweet gentlegreen , I imagine you apologising to vegetables as you gently ease them from the soil.

 

[Bahnhof Strasse]

You are so sweet gentlegreen , I imagine you apologising to vegetables as you gently ease them from the soil.

Looking at the pics of his gaff it's clear he's certainly never pressed hard on Mr Sheen's head.

 

[MickiQ]

You can’t stop it so... it’s best to facilitate it, actually codifying into the rules of supranational structures that there is nothing anybody can do to mitigate it across the supranational entity even if they want to?

No of course not but how do you plan to stop it? We (and by that I mean the UK collectively) have decided we would rather opt out of even trying to change or influence things. Ironical given that outside the EU we have even less influence that could effect change. Not of course that any current mainstream UK party actually wants to.

 

[gentlegreen]

Looking at the pics of his gaff it's clear he's certainly never pressed hard on Mr Sheen's head.

I'm generous to invertebrates and our single-celled ancestors too ...

 

[gentlegreen]

not at all kind to Rattus norvegicus though ...

 

[kabbes]

No of course not but how do you plan to stop it? We (and by that I mean the UK collectively) have decided we would rather opt out of even trying to change or influence things. Ironical given that outside the EU we have even less influence that could effect change. Not of course that any current mainstream UK party actually wants to.

Well, a good start for stopping it would be to not to have the suprastate that is neoliberal by design in the first place. This tax sheltering isn’t an unfortunate side effect, it’s the whole point.

 

[Pickman's model]

You are so sweet gentlegreen , I imagine you apologising to vegetables as you gently ease them from the soil.

He is the sort of person who uses a rubber trowel to minimise injuries to earthworms

 

[MickiQ]

Well, a good start for stopping it would be to not to have the suprastate that is neoliberal by design in the first place. This tax sheltering isn’t an unfortunate side effect, it’s the whole point.

Well that isn't going to happen so we will never know, personally I doubt it. I suspect lots of smaller competing tax regimes across Europe would encourage it since it would be advantageous for countries to be played off against each other.
The worst offenders (states) for it tend to be smaller ones where it makes up a much larger proportion of what tax they get thus giving the tax dodgers more influence, and most European countries are small.

 

[kabbes]

Well that isn't going to happen so we will never know, personally I doubt it. I suspect lots of smaller competing tax regimes across Europe would encourage it since it would be advantageous for countries to be played off against each other.
The worst offenders (states) for it tend to be smaller ones where it makes up a much larger proportion of what tax they get thus giving the tax dodgers more influence, and most European countries are small.

I don’t think you understand how the free flow of capital within the EU functions and what it is designed to allow to happen.

 

[Artaxerxes]

I don’t think you understand how the free flow of capital within the EU functions and what it is designed to allow to happen.

The UK's been at the forefront of stopping tax reform to prevent tax flight in the EU for decades. It's only right we give someone else a chance to step up and have a go.

 

[editor]

Yes please

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[Pickman's model]

Yes please

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Yeh it'll be a win having to show a passport every time the Welsh go over Offa's dyke or having to produce id for cops in London, to have to justify your presence in England. For that's where things would trend under the Tories.

I'd also like to think an independent Wales wouldn't insist on citizens carrying biometric passports on their journeys but that's probably cloud cuckoo land

 

[editor]

Yeh it'll be a win having to show a passport every time the Welsh go over Offa's dyke or having to produce id for cops in London, to have to justify your presence in England. For that's where things would trend under the Tories.

I'd also like to think an independent Wales wouldn't insist on citizens carrying biometric passports on their journeys but that's probably cloud cuckoo land

An independent Wales would almost certainly be part of the EU. I've never seen anyone, ever suggest the need for passports or ID at the Welsh border, or insist that people would have to carry biometric passports on their person.

Plus the passport is a million times cooler than the UK/English ne.

 

[Dogsauce]

Scotland the only one opting back into the EU I see.

 

[Pickman's model]

An independent Wales would almost certainly be part of the EU. I've never seen anyone, ever suggest the need for passports or ID at the Welsh border, or insist that people would have to carry biometric passports on their person.

Plus the passport is a million times cooler than the UK/English ne.

I think you're having a laugh because as noted on threads about Scottish independence Spain would be very likely to block accession for their own reasons.

 

[Dogsauce]

Well, a good start for stopping it would be to not to have the suprastate that is neoliberal by design in the first place. This tax sheltering isn’t an unfortunate side effect, it’s the whole point.

There have been moves against this in recent years, particularly focused on tech companies. Kind of why big money got behind the EU exit campaign in the first place, and why the exit was timed to avoid one particular bit of legislation.

 

[two sheds]

Noooooooooooooo they lied to us

Government backtracks over false claim soy sauce will be cheaper after Brexit

Department for International Trade accused of ‘exaggerations and mistruths’

www.independent.co.uk

Really - what was the fucking point of the last years when we don't even get cheaper soya sauce? We gave them our cheese for nothing

 

[editor]

Scotland the only one opting back into the EU I see.

Plaid Cymru: “We are firmly of the view that the long-term destiny of an independent Wales should be as a full member of the European Union.”

 

[ska invita]

Yes please

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fuck nationalism with even more nationalism