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The Natural Philosopher[_2_] The Natural Philosopher[_2_] is offline
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Default First they came for lightbulbs

On 14/05/16 12:54, Adrian wrote:
On Sat, 14 May 2016 12:46:29 +0100, Capitol wrote:

This country exists by trading. Much of it financial services. And so
very much of it no longer owned or controlled by the UK. And if the UK
is no longer in the EU, why would an international company choose the
UK for its headquarters?


Well Boeing have just done so!


Not quite so simple. They've announced an intention to move their
European HQ from Brussels to the UK.

And you can bet that's as much in the expectation that the tax status quo
won't change much post-brexit (if it happens) as anything else.

If the political economy changes markedly, just watch that decision peter
out.

If the political economy changes markedly, just watch that decision
being copied by many other multinationals.

All it takes is a favourable tax regime - think Liechtenstein.



--
Religion is regarded by the common people as true, by the wise as
foolish, and by the rulers as useful.

(Seneca the Younger, 65 AD)