Tax on Turnover, page-4

  1. 47,086 Posts.
    How would that work when you compare say a supermarket that has a high turnover but low profit margins to a business that has very high profit margins but lower turnover?

    Such as Google, Apple, Netflix. They will be mightily concerned [not] about such a pitifully small tax. We would just have "cost shifting" instead of "profit shifting".
 
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