Tackle corporate tax-dodging – Make the UK a participant in CCCTB

As an example of the current system, Apple in 2014 paid just £12 million in UK tax on UK profits of £2 billion. To do this, 'Apple UK' pays its profits to 'Apple Ireland', where it can pay less than 4% corporate tax. CCCTB would change tax rules so that companies be charged based on where their activity be done – meaning that a company with sales, employment and assets (say, 20% of its European total) in the UK would have to pay UK tax on 20% of its European profits; a far fairer system.