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Unintended consequences of playing fast and loose with corporation tax

 

Posted At: 03 December 2012 17:24 PM
Related Categories: Retail, Retailers

 

Suddenly the gods of international enterprise are finding themselves reaching pariah status. They might have been playing strictly by the rules, but only those of the tax regime, not those of fair play. And we British like our fair play.

Sitting supping coffee and doing your Christmas shopping at Amazon.com may have been the prospect not too long ago, but how many people will now take in the local bookstore as they bypass Starbucks? And how many more will track down their purchases on other websites? HMV and Waterstones may see a resurgence in fortunes. We may even find that, with the oh-so-easy-to-use Amazon being a no-go site for the champions of the underdog, the High Street may suddenly find it’s time for a renaissance.

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The opinions expressed herein are the personal opinion of the author and are not intended as statements of fact and do not represent the view of SnapShop or Pragma in any way.

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