merseymouth wrote:hello again playmates
, "Paywalls"? I don't know about them, but my local newsagent lets me have a copy for £2, or if you subscribe for the paper it will cost £1-60p.
The Swiss item is page one of today's business section!
The Irish issue is on page 5 of main paper. You can even get copies of such items delivered to your home by young folk on cycles, help the budding generation.
The E.U. currently has numerous treaties with Switzerland covering such matters, but Brussels wants a new single treaty that covers any eventuality, with the Swiss rolling over and pays the "New Dane Geld"!
I suppose rose tinted specs are desired items for Remainers & Trots alike?
. IGICB MM
It's not a question of the Swiss rolling over but of difficult negotiation on a number of matters where lots of money and access to various things is at stake.
The Swiss decided that they would not join the EU In a referendum way back in the 1992 (I think).
The results were not overwhelming in favour either way. Roughly 49/50%. I think some Cantons voted quite heavily to join.
The Swiss are a member of the Schengen free movement area and of the EEA. And I have explained this to you before.
There remain within Switzerland's federal structure a few Cantons that offer considerable tax benefits to Corporate and Insurance interests. And many multinationals have their headquarters there and there are enormous numbers of "letterbox" companies too.
An unbalanced number and concentrated forbthe most part in just a few Cantons.
Much as the UK has the Isle of Man, the Channel Islands and some further flung tax havens such as the Cayman Islands.
It is likely I think that the EU would like to see better scutiny of these places. Perhaps that's why Rees Mogg et al want to leave?
It seems reasonable to me that wealthy businesses pay a fair share of tax.
It is about time we did something about such tax havens in the UK and before we start looking and pointing elsewhere.
I am surprised given much of what you have written on here that you support the furthering of tax havens for big business but I guess it takes all sorts.
We will see what happens between now and the 1st of July but given the sums involved (I think) someone will blink.