Comments for Blog Review 570 at http://www.adamsmith.org , comment 1 to 1 out of 1 comments http://www.adamsmith.org Mon, 13 Oct 2008 19:25:54 +0100 FeedCreator 1.7.3 http://www.adamsmith.org/blog/misc/blog-review-570-200804171226/#comment-49 The headline "Businesses are leaving the UK" is not quite true. What is happening is that businesses are taking advantage of a court case which established that in the EU, a business that has parts performing significant economic activities in different EU countries only has to pay tax at the lowest rates of its parts. So, relocating a head office to a low tax environment isn't "rats leaving a sinking ship" but instead a case of a business indulging in healthy and effective tax planning to cuts the amount the local politicians can filch from it. - Dr Dan H. Fri, 18 Apr 2008 10:26:03 +0100