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LIVE: Great Britain EU Referendum

Page 382 of 395

posted on 30/10/16

Try this..
https://beta.companieshouse.gov.uk/company/01806912/filing-history

2014 accounts filed in 2015

Also see the annual return, that lists the company address in Washington (Tyne and Wear)

Not sure what you're on about Switzerland for, or Canada previous to that.

Enlighten us if you will?

posted on 30/10/16

ffs. Companies house. That tells you everything! (sarcasm) I was hoping for some analysis by a whistle blowing blogger.

The point of Switzerland is to position yourself out of the Eurozone whilst having access to the secretive banking rules in Switzerland that would never be allowed in the EU. Most companies are not that bothered about the single market as long as they can avoid tariffs. In fact they want to avoid the very prerogative EU rules if possible. Rather than flight of companies from the UK you might well see a lot of companies moving to the UK as long as the UK can negotiate a deal that other countries incl the likes of Canada are doing.

The point about Canada is that the EU is expanding the area that have low tariffs trading area. TTIP will return in some form soon enough. At that point no company is that bothered about being part of the EU. They will have low or zero tariffs across the western world. As UK and EU will both be signatories makes the specific EU market largely irrelevant. The point of the Irish ruling was that countries shouldn't be allowed to compete on tax rules within the EZ. Now as some countries operate very large government debt naturally have high taxes. All of this will mean that EU will soon have to standard tax policy across the EZ. You will soon see how well that goes down EU.

posted on 30/10/16

So Nissan UK being registered at Companies House with a registered address in the U.K., and recording profits, lodging returns and paying U.K. corporation tax on £5bn revenues is what exactly?

Answer = UK registered company.

My question regarding Switzerland was with reference to Nissan, so do make your answer relevant to the discussion rather than an obtuse reference to Swiss banking laws.

posted on 31/10/16

comment by HRH King Ledley (U20095)
posted 2 days, 16 hours ago
Not all Brexiters are racists rabidly wanting a hard Brexit. Likewise not all Remainers are 5th columnist Europhiles. There is plenty of ground in the middle.

If it is a soft Brexit, so be it. We will be out of the EU, and relatively free to broaden our horizons. Further down the line we can choose to stiffen up our Brexit safe in the knowledge we are already half-out.

There will be further elections in the future, and plenty of scope to change things

Like being on Methadone instead of the full Brown
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posted on 31/10/16

My question regarding Switzerland was with reference to Nissan, so do make your answer relevant to the discussion rather than an obtuse reference to Swiss banking laws.
---------------------------------

So why don't you tell me why Nissan moved to Switzerland in 2007 from England and France? Switzerland are not part of the EU.

If Nissan EU are so worried about the EU why not be head quartered in a country that is actually in the EU?

posted on 31/10/16

Where their HQ is has nothing to do with it anything to be honest.

posted on 31/10/16

comment by ManUtdDaredevil (U9612)
posted 37 minutes ago
Where their HQ is has nothing to do with it anything to be honest.

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It does for tax purposes and banking. As I tried to explain earlier. Most companies do not like tax variations in the EU nor do they like transparency rules that expose how they avoid paying their fair share. Of course most people would say that transparency and paying fair taxes is good business ethics. But thats how corporations work. This is why the Nissan discussion is quite absurd. Nissan are not pro EU in any way. The only thing that is important to them in this entire bru-ha-ha is tariffs. The fact that Canada have now agreed a deal with the EU over the objections of Belgium shows that the UK can agree a deal as well despite what the doom mongers suggest.

posted on 31/10/16

The only thing that is important to them in this entire bru-ha-ha is tariffs.

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Duhhhh...

Hence why they're being discussed due to their lobbying, read pressuring, of government to reduce or eliminate any exposure to possible tariffs.

Makes it worse when they might be "tax domiciled" in Switzerland.
Brexit negotiations being influenced by a Swiss based outfit.

Total wtf-erry about it. Just shows how "soft" the gotvernmebt is willing to go.

posted on 31/10/16

*Government..

posted on 31/10/16

Comment deleted by Site Moderator

posted on 31/10/16

Off course the UK government want a soft brexit that avoids tariffs. Canada have just agreed such a deal. Why can't the UK?

I don't understand why you are so worried by Nissan lobbying for something that all business want. Canadian companies do as well. And they weren't ever a part of the EU!

This is why TTIP has been in negotiations for the last 20 years.

What is quite funny is that most people in the EU don't even know how CETA and NAFTA are going to combine. A Canadian company making things in Mexico can now without any tariffs sell their good in Spain.

posted on 31/10/16

All jobs should be protected.

The nature of the automotive manufacturing segment was debated long and hard on here, just shows that leaving the EU lock stock and barrel and trading with "the rest of the world" wasn't really an option for the automotive sector.

.. and it's not just Nissan..

The government will try to secure a tariff free trade agreement for the whole of the automotive sector between us and the EU.

That includes all the parts and components coming in from the EU, as well as finished product.

The UK have blinked first in this one. Audi and BMW haven't had to do a thing.

Told you.

posted on 31/10/16

The EU will happily agree to that, cars are such a big export from Germany that will be no problem.

posted on 31/10/16

Dear god Redinthehead. Why are you making this out to be bad thing?

We already have tariff free trade in the EU and UK is still part of that. All we are talking about is maintaining the status quo.

posted on 31/10/16

Comment deleted by Site Moderator

posted on 31/10/16

The government has done their job, shocker

posted on 31/10/16

I didn't say it was a bad thing.

It was the expected thing considering a massive amount of UK GDP is reliant on the automotive sector. Most of our cars are exported to the EU.

Hence why brexiters saying we would just trade with the rest of the world being in denial about this.

posted on 31/10/16

Outside the EU the UK will become a conduit for EU companies. Its why Nissan are head quartered in Switzerland. I expect a lot of companies from the EU to move their head quarters to the UK as long as the deal negotiated is similar to the one Canada has just concluded.

posted on 31/10/16

Surely the very relevant worry is that we're going to cut low tax deals with huge companies just to keep them here.

Now while keeping jobs is obviously good, who do you think will pick up the bill for the lost billions in corporation tax? (Something we should be increasing not losing out on more of)

We all know who, it's the same people who will see their cost of living rise, wages stagnate, public services decline as their tax bills go up - it's the average hardworking citizen that will lose out.

posted on 31/10/16

Hence why brexiters saying we would just trade with the rest of the world being in denial about this.

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In relation to cars most said we wouldn't stop trading with them and they wouldn't with us as its just as big for them

posted on 31/10/16

Hence why brexiters saying we would just trade with the rest of the world being in denial about this.
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Brexiteers were never saying we are going to stop trading with the EU ffs. They were saying that outside the EU rules and barriers, British businesses will have a greater chance of expanding their scope for doing business. Which is true. Which is why Nissan moved its head quarters from the UK to Switzerland in 2007. After we leave we have a chance of bringing Nissan back to the UK.

posted on 31/10/16

Comment deleted by Site Moderator

posted on 31/10/16

Now while keeping jobs is obviously good, who do you think will pick up the bill for the lost billions in corporation tax? (Something we should be increasing not losing out on more of)
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The problem is not the level of corporate tax. Its collecting any tax at all! Multi-Nationals are now moving profits around so that they declare profits in countries where their level of operation is much lower, only to benefit from low tax rates of that country.

This has been true of the EU for years. Its why Ireland used to have such low tax rates and and why so many companies HQ in Dublin. After the new tax ruling declaring that Ireland shouldn't gain an advantage of doing this its far more likely that companies aren't going declare full profits in any EU country.

posted on 31/10/16


comment by Jenius99 (U4918)
posted 4 minutes ago
Hence why brexiters saying we would just trade with the rest of the world being in denial about this.
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Brexiteers were never saying we are going to stop trading with the EU ffs. They were saying that outside the EU rules and barriers, British businesses will have a greater chance of expanding their scope for doing business. Which is true. Which is why Nissan moved its head quarters from the UK to Switzerland in 2007. After we leave we have a chance of bringing Nissan back to the UK.

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No one said we would stop trading with the EU and no one claimed as such either.

Brexiters were saying we would look to the rest of the world instead of focusing on trading with the EU.

Obviously never going to be the case as remain folk correctly stated.

And nothing has been secured yet either, that's what the UK government is going for.

posted on 31/10/16

Comment deleted by Site Moderator

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