tag:blogger.com,1999:blog-8212152.post-62712308922725930702008-05-07T21:58:00.000+01:002008-05-07T21:58:00.000+01:00Surely anyone with half a brain realises that - ultimately - corporations don't pay tax, individuals (the owners) do?<BR/><BR/>Given that FTSE companies are now global entities, often with overseas earnings that dwarf their UK profits, it is not surprising they object to the prospect of paying UK tax on overseas earnings, particularly since the regime changes every time Gordon is short of a few bob (ie almost all the time). They have a fiduciary duty to their owners to ensure that their tax payments are minimised.Anonymousnoreply@blogger.com