ROYAL BANK OF CANADA
Definitely. The problem is they’re using transfer pricing to produce a tax bill rather than paying in the country where it’s due. An international settlement should be reached. Taxes should be payable where income is produced.
PALMER LEGAL TECHNOLOGIES
Absolutely. They can’t hide behind Ireland if they’re generating money from this country from consumers like me, but that goes for lots of other large corporations. We’re in a state where we could do with more cash in coffers.
No, I think they have a duty to shareholders to minimise the amount of taxes they pay, and thereby maximise their earnings per share. If the government thinks they should pay more tax, they should change the rules to ensure that it is the case.