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Make no mistake this will be done in conjunction with the HMRC.
You think HMRC is conspiring with Uber with the goal of making less money for HMRC? And that after years of this, it's never been leaked or alleged?
Dunno mate. Seems more likely to me that tax-dodging internationals are just experts in dodging tax.
I do. It's the one conspiracy theory I subscribe to. 😅
It's not uncommon for HMRC to make sweetheart deals with large multinationals. There was a massive select committee inquiry in the 2010s into this and I don't believe anything has changed.
Counterpoint: HMRC will move quickly and swiftly to stop this loophole and fine Uber and similar companies without hesitation. Oh wait... No they won't.
Yeah, but only if the deal means getting more money for HMRC.
If a company says "actually we're going to declare our business operations in tax-free British Sark" then HMRC has to petition the government to stop them from doing that or risk getting no income at all
Or it can cut them a deal now. It's a deal with the devil, but these are the realities of getting any income at all