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Starbucks agrees to pay more corporation tax

 
Anonymous Coward
User ID: 28661576
United States
12/06/2012 11:52 AM
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Re: Starbucks agrees to pay more corporation tax
Gibsmedat coffee!
Anonymous Coward
User ID: 658249
Netherlands
12/06/2012 12:10 PM
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Re: Starbucks agrees to pay more corporation tax
Shut them down and send them on their way, it will improve the economy.

Same goes for all multinational supermarkets.

No-one in the UK can ran an independent business because of these parasites.
 Quoting: Anonymous Coward 29210252


that ^^
worldwide
now
5a
Anonymous Coward
User ID: 28878214
United States
12/06/2012 12:11 PM
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Re: Starbucks agrees to pay more corporation tax
Overpriced cups of mud. I wouldn't drink either McD or Starbucks. But if other rich people want to donate to their favorite govt tax entity ... go right ahead. There's always a sucker for a corporate sales pitch lurking somewhere. More jobs for the poor being the big one right now.
 Quoting: Mr. Toppit


Don't forget. G.E. and starbucks fund the MSM outlet called MSNBC.

Zbigniew Brzezinski has a show called "Morning Joe" which advertises itself as "A wake up call for movers and shakers"
Anonymous Coward
User ID: 28217037
12/06/2012 01:22 PM
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Re: Starbucks agrees to pay more corporation tax
[link to www.bbc.co.uk]

Coffee chain Starbucks has agreed to pay more UK corporation tax, after a public outcry over how little it pays.

The extra tax could amount to £20m over the next two years, he said.

"We know we are not perfect", the boss of the coffee chain added.
 Quoting: SheldonCooper


Translation, Starbucks agreed to have you pay more for their product.
 Quoting: Anonymous Coward 1051105


BOOM! Exactly what I thought when I read the headline...
Anonymous Coward
User ID: 27667491
United Kingdom
12/06/2012 01:56 PM
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Re: Starbucks agrees to pay more corporation tax
Shut them down and send them on their way, it will improve the economy.

Same goes for all multinational supermarkets.

No-one in the UK can ran an independent business because of these parasites.
 Quoting: Anonymous Coward 29210252

starbucks and their competitors only seem to employ eastern europeans anyway
Anonymous Coward
User ID: 29211479
United Kingdom
12/06/2012 02:08 PM
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Re: Starbucks agrees to pay more corporation tax
[link to www.bbc.co.uk]

Coffee chain Starbucks has agreed to pay more UK corporation tax, after a public outcry over how little it pays.

The extra tax could amount to £20m over the next two years, he said.

"We know we are not perfect", the boss of the coffee chain added.
 Quoting: SheldonCooper


pay more or get the fuk out our countries.
 Quoting: Anonymous Coward 25646201


hitler
 Quoting: Burt Gummer


too 'kin right.
Never mind 'agreeing' they should be paying the BACK tax they have SWINDLED by setting profits gained in one country against losses in another.

It should be 'if they don't have to pay, I certainly shouldn't.'
Chrit

User ID: 27088294
United States
12/06/2012 02:13 PM

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Re: Starbucks agrees to pay more corporation tax
What Starbucks does is takes profit and rolls it back in to stock options they give every single employee for free. These stock options take 5 years to vest. This money is not counted as profit and not taxed as payroll either because if the employee quits before the vestment date the option is reabsorbed. If they employee does cash the option in after 5 years they have to pay taxes on it at that point.

basically Starbucks has found a way to keep profit and reinvest it to bump their own stock prices and if the employee quits then that is more stock that the company is now in control of, this is how Starbucks keeps there stocks artificially high. This is why they HAVE to keep opening more stores at any cost.

If you work at Starbucks for ten years you’re going to walk away with 15k + in stocks as a gift and leave another 15k unvested in the company’s pocket.

Last Edited by Chrit on 12/06/2012 02:14 PM
I'm only human, it's my biggest flaw.

We must all realize a sink a chair and a pillow are all luxuries of home and a soldiers helmet takes the place of all three.
Lips Of Lucifer

User ID: 22231145
South Africa
12/06/2012 02:20 PM
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Re: Starbucks agrees to pay more corporation tax
Kris Engskov, managing director of Starbucks UK, announced that the company would pay "a significant amount of tax during 2013 and 2014, regardless of whether the company is profitable".

One tax expert described the move as "unprecedented". The Expert also said that small businesses, which are also Employers, should take an example here and make lucid decisions around profitability and tax donations.

Kris Engskov went further and said, “Yes, I am a spokesperson for Starbucks, but why would I Manipulate the truth around Starbuck’s balance sheet….Do munchkins lie? …With those funny ears and wide innocent eyes? NO! he said…coffee and social responsibility can mix like coffee and milky vegetable oil, but only after 2012.”

Last Edited by Lips Of Lucifer on 12/06/2012 02:20 PM
Anonymous Coward
User ID: 29214077
United States
12/06/2012 02:25 PM
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Re: Starbucks agrees to pay more corporation tax
I cannot wait for their drug induced addict driven business to crumble for BLEEDING the struggling American public.

You think jobless America can still pay $5-$7 for a cup in these tough times? Think again

McDonalds wins hands down for their $2 identical mcafee product!
 Quoting: Anonymous Coward 21300769


So having ANOTHER 160,000 jobs lost is a good idea to you?

Is anyone FORCING you to buy their coffee???


:crayon:
 Quoting: Burt Gummer


No I don't buy it but so many I know DO and even with no money for food

I know at least 10 people who "can't live without it"
It's like crack to them. They will even go without lunch or dinner to have if instead.

Starbucks NEEDS to bring their prices down to remain competitive but all I see them doing is driving them up!
 Quoting: Anonymous Coward 21300769


I like Scooters better..but that is just me..but really what business is it of yours if these folks choose Starbucks over dinner? Honestly it really is their choice to make.
Anonymous Coward
User ID: 22478672
United States
12/06/2012 02:25 PM
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Re: Starbucks agrees to pay more corporation tax
I cannot wait for their drug induced addict driven business to crumble for BLEEDING the struggling American public.

You think jobless America can still pay $5-$7 for a cup in these tough times? Think again

McDonalds wins hands down for their $2 identical mcafee product!
 Quoting: Anonymous Coward 21300769


So having ANOTHER 160,000 jobs lost is a good idea to you?

Is anyone FORCING you to buy their coffee???


:crayon:
 Quoting: Burt Gummer


No I don't buy it but so many I know DO and even with no money for food

I know at least 10 people who "can't live without it"
It's like crack to them. They will even go without lunch or dinner to have if instead.

Starbucks NEEDS to bring their prices down to remain competitive but all I see them doing is driving them up!
 Quoting: Anonymous Coward 21300769


competitive with who? They are number 1 even with high prices. Why should they change.
Anonymous Coward
User ID: 29214077
United States
12/06/2012 02:26 PM
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Re: Starbucks agrees to pay more corporation tax
What Starbucks does is takes profit and rolls it back in to stock options they give every single employee for free. These stock options take 5 years to vest. This money is not counted as profit and not taxed as payroll either because if the employee quits before the vestment date the option is reabsorbed. If they employee does cash the option in after 5 years they have to pay taxes on it at that point.

basically Starbucks has found a way to keep profit and reinvest it to bump their own stock prices and if the employee quits then that is more stock that the company is now in control of, this is how Starbucks keeps there stocks artificially high. This is why they HAVE to keep opening more stores at any cost.

If you work at Starbucks for ten years you’re going to walk away with 15k + in stocks as a gift and leave another 15k unvested in the company’s pocket.
 Quoting: Chrit


Walmart does the same thing..at least with management.
Anonymous Coward
User ID: 22478672
United States
12/06/2012 02:27 PM
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Re: Starbucks agrees to pay more corporation tax
Overpriced cups of mud. I wouldn't drink either McD or Starbucks. But if other rich people want to donate to their favorite govt tax entity ... go right ahead. There's always a sucker for a corporate sales pitch lurking somewhere. More jobs for the poor being the big one right now.
 Quoting: Mr. Toppit


Thats right, blame the rich just like Obama said.
mrmuffins69

User ID: 28433365
United States
12/06/2012 02:28 PM
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Re: Starbucks agrees to pay more corporation tax
What Starbucks does is takes profit and rolls it back in to stock options they give every single employee for free. These stock options take 5 years to vest. This money is not counted as profit and not taxed as payroll either because if the employee quits before the vestment date the option is reabsorbed. If they employee does cash the option in after 5 years they have to pay taxes on it at that point.

basically Starbucks has found a way to keep profit and reinvest it to bump their own stock prices and if the employee quits then that is more stock that the company is now in control of, this is how Starbucks keeps there stocks artificially high. This is why they HAVE to keep opening more stores at any cost.

If you work at Starbucks for ten years you’re going to walk away with 15k + in stocks as a gift and leave another 15k unvested in the company’s pocket.
 Quoting: Chrit


clappa
Anonymous Coward
User ID: 22478672
United States
12/06/2012 02:28 PM
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Re: Starbucks agrees to pay more corporation tax
I cannot wait for their drug induced addict driven business to crumble for BLEEDING the struggling American public.

You think jobless America can still pay $5-$7 for a cup in these tough times? Think again

McDonalds wins hands down for their $2 identical mcafee product!
 Quoting: Anonymous Coward 21300769


So having ANOTHER 160,000 jobs lost is a good idea to you?

Is anyone FORCING you to buy their coffee???


:crayon:
 Quoting: Burt Gummer


No I don't buy it but so many I know DO and even with no money for food

I know at least 10 people who "can't live without it"
It's like crack to them. They will even go without lunch or dinner to have if instead.

Starbucks NEEDS to bring their prices down to remain competitive but all I see them doing is driving them up!
 Quoting: Anonymous Coward 21300769


Supply and demand. They have no incentive to lower prices because trendy retards love it just as much as they love their silly expensive trendy Iphones and shit.

Caffeine is for the weak anyways.
s226
 Quoting: Chris12138


I wonder if you drink soda?
Anonymous Coward
User ID: 15680976
United States
12/06/2012 02:36 PM
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Re: Starbucks agrees to pay more corporation tax
Shut them down and send them on their way, it will improve the economy.

Same goes for all multinational supermarkets.

No-one in the UK can ran an independent business because of these parasites.
 Quoting: Anonymous Coward 29210252


that ^^
worldwide
now
5a
 Quoting: Anonymous Coward 658249


Pfft, only hope is too bow down to our corporate overlords. Just need to starve the beast long enough so the government can be out of the way and we can live in a privatized corporate utopia. What could go wrong??

jerkit
Anonymous Coward
User ID: 8407446
United States
12/06/2012 02:39 PM
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Re: Starbucks agrees to pay more corporation tax
So basically society now believes that Corporations, and small businesses are created in order to provide income for the government and low income peoples?

They are not there to create a profit, and provide jobs for people, who are willing to work?

If we follow your twisted logic, or stupidity, then wouldn't we not only have free health care, but also free food, and free automobiles, especially since we own part of GM now...
Anonymous Coward
User ID: 28008747
United States
12/06/2012 02:42 PM
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Re: Starbucks agrees to pay more corporation tax
I cannot wait for their drug induced addict driven business to crumble for BLEEDING the struggling American public.

You think jobless America can still pay $5-$7 for a cup in these tough times? Think again

McDonalds wins hands down for their $2 identical mcafee product!
 Quoting: Anonymous Coward 21300769


It's not $5 for a Starbux espresso. I can get a double or even triple for $2 or 2.50.

If you want one of those fancy drinks with whipped cream, syrups, etc. that can be expensive. But I just drink straight espresso with some sugar. Add half and half if I want to simulate a cappuccino.

Is Mickey D's cheaper than that?
Anonymous Coward
User ID: 28008747
United States
12/06/2012 02:46 PM
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Re: Starbucks agrees to pay more corporation tax
What Starbucks does is takes profit and rolls it back in to stock options they give every single employee for free. These stock options take 5 years to vest. This money is not counted as profit and not taxed as payroll either because if the employee quits before the vestment date the option is reabsorbed. If they employee does cash the option in after 5 years they have to pay taxes on it at that point.

basically Starbucks has found a way to keep profit and reinvest it to bump their own stock prices and if the employee quits then that is more stock that the company is now in control of, this is how Starbucks keeps there stocks artificially high. This is why they HAVE to keep opening more stores at any cost.

If you work at Starbucks for ten years you’re going to walk away with 15k + in stocks as a gift and leave another 15k unvested in the company’s pocket.
 Quoting: Chrit


Walmart does the same thing..at least with management.
 Quoting: Anonymous Coward 29214077


So in other words, they pay that money to employees. Sounds like a good corporate citizen to me.

If the employee leaves before vesting and the stock goes back to the company, I would think the company would have to recognize that income at that point, and it would be taxable.

But that isn't happening much because the employees aren't leaving. So they are super employers, we should thank them rather than shit on them!
Lips Of Lucifer

User ID: 22231145
South Africa
12/06/2012 02:53 PM
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Re: Starbucks agrees to pay more corporation tax
...


So having ANOTHER 160,000 jobs lost is a good idea to you?

Is anyone FORCING you to buy their coffee???


crayon
 Quoting: Burt Gummer


No I don't buy it but so many I know DO and even with no money for food

I know at least 10 people who "can't live without it"
It's like crack to them. They will even go without lunch or dinner to have if instead.

Starbucks NEEDS to bring their prices down to remain competitive but all I see them doing is driving them up!
 Quoting: Anonymous Coward 21300769


Supply and demand. They have no incentive to lower prices because trendy retards love it just as much as they love their silly expensive trendy Iphones and shit.

Caffeine is for the weak anyways.
s226
 Quoting: Chris12138


I wonder if you drink soda?
 Quoting: Anonymous Coward 22478672



I do. I can't imagine a world with corner green grocers and local butchers buying local products or a local coffee shop serving real cream on their splendid latte's, and serving cakes made with flower instead of soya derivatives...Where would one find those chemically enhanced burgers with the fake cheese toppings? If I'm going to pay for a massive stroke I want it to come from the guys who know how to sell a blocked artery...or it gets boring...no more fun Mc Dee Ads...fucking doom I tell you!

Coke is it!!!

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