David Gauke

@DavidGauke ↗

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Last Checked March 27, 2020

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Wed Jan 22 18:07:28 +0000 2020

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David Gauke @DavidGauke

Second, where should the profits be allocated? The international tax system basically attributes profits on the basis of where the value is created not where the revenues are raised. /4 — PolitiTweet.org

Posted Jan. 22, 2020

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David Gauke @DavidGauke

But there are a few problems. First, corporation tax is a tax on profits. Some of these companies are immensely pro… https://t.co/DHu3KpWc6H — PolitiTweet.org

Posted Jan. 22, 2020

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David Gauke @DavidGauke

To give a simple example, the profits of a French wine producer exporting to the UK belong in France, even though the revenue is in the UK. Nobody has much of a problem with that. /5 — PolitiTweet.org

Posted Jan. 22, 2020