Re: Wonder how much tax HMV paid
"Even if they hadn't been losing money, as others have pointed out, the answer would be "as little as humanly possible", like any company worth its salt.
Seriously, I'm going to start forwarding posters like you to the "Tax Bores" section of the Speak You're Branes archive. Company in "legally reducing tax bill" shocker, film at 11."
You almost seem proud that these companies are doing all they can to limits of the letters of the law, and well beyond the spirit or the intention, to profit at the expense of, ultimately, everyone else including you and me.
People are going to lose their jobs over this over this and even if you don't give a shit about them surely you are irked at the idea of having to support them.
I see no reason to congratulate companies for legally reducing tax bills regardless of the consequences just because there is no option (or reason if you prefer) to punish them. It is done to our detriment and we should be pissed off about it.