Petition · past parliament

Tax major international companies on their UK sales, not their reported profit

Closed 42 signatures

What the petition asks

Many major international companies manipulate the cost of doing business in the UK, transferring unrealistically high reported profits to a country of convenience where corporation tax is low. If the average UK worker earns 20k and has outgoings of 19k, he is still taxed on 20k, not his profit of 1k
How do companies like Cadbury (previously UK owned and paying tax), now pay little or no tax? How do US companies such as Starbucks pay little or no tax with huge sales and (probably) high profits. Reported profits can be manipulated and no legislation will stop this, but sterling sales are what they are. A sales tax rate will obviously be lower than the corporation tax rate but would provide higher tax revenue, reducing the burden on the working man and probably reducing our UK debt.

Timeline

16 Dec 2015 Petition opened for signatures
16 Jun 2016 Closed to new signatures

Key facts

Signatures 42
Status Closed
Opened 16 Dec 2015
Closed 16 Jun 2016

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Source: the official petition page. Last checked 15 Jul 2026.