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anonymous

Europe investigates unfair Chinese Subsidies - 0 views

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    The Chinese government has been unfairly implementing subsidies for solar panel companies within China. Thus, the companies have been able to sell their Solar panels at costs that are lower than the cost to manufacture such items. This has caused European companies to ask for intensified investigation from the European Union. However, Europe is reluctant to go at a trade war with China and thus, the situation is gridlocked. Too many companies would suffer from direct war.
Jacques DP

Starbucks tax evasion - 0 views

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    This article talks about how lage companies like Starbucks and Google are evading tax in the UK by ensuring mae no profits, thereby avoiding corporate tax. These companiesmake billions in but " they ensured they made no profits through large royalty and other payments to offshore companies" (2012, Telegraph) There are understandaby many peopl who are upset about this and calling it unfair. It also undermines the profits of local companies. A solution thatis beng suggested is a sales tax. However many expertssa tha what te TNC's are doing is perfectly legal and said "corporation tax was a tax on activity."
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