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    Net-A-Porter Is Charged With Tax Evasion But Profits Are Claimed.

    2014/7/18 12:59:00 26

    Net-A-PorterTax EvasionProfit

    < p > July 18th, according to the British media fourth channel (Channel 4 News) reported that the British fashion luxury electric business Net-a-Porter has recently been accused of tax evasion. As an online retailer, Net-a-Porter has only paid a small part of the tax payable by e-commerce companies that the public expects. < /p >
    < p > channel fourth indicates that when Net-a-Porter settled in March 2013, its a href= "http://www.91se91.com/news/index_s.asp" > Sales < /a > amounted to 435 million pounds, but deliberately claimed that it had lost 2 million 700 thousand pounds to pay less taxes. The report also pointed out that Net-a-Porter used a "smart plan" and legitimate means to turn profits into losses, thereby evading taxes. < /p >
    < p > the news asserts that the so-called loss is partly due to the fact that in 2010, Richemont, Switzerland, chose Net-a-Porter to pay wages to senior management when it took charge of the share based payment scheme. It was precisely this way of making a loss on the balance sheet, which made the company successfully disguise its total tax payable. < /p >
    < p > "in this particular company case, we don't know where it makes money or what it uses to pay taxes." Britain's < a href= "http://www.91se91.com/news/index_q.asp > tax < /a > investigator Richard Murphy tells channel fourth. "We are not even sure that he has paid taxes. In the end, the Swiss company accounts no cash at all. " < /p >
    < p > Fourth also stressed that Net-a-Porter's accounting practice did not break any law, but for such companies, tax evasion is too easy. At the same time, the media also asked the Her Majestys Revenue and Customs (HMRC) why it has not done enough work to combat such unreasonable corporate tax fraud so far. < /p >
    < p > "Net-a-porter Group Limited has noticed that the criticism of the media is about its tax status in the UK. Net-a-porter is a successful UK based global business company with over 1500 British employees and 800 employees around the world. The contribution of the company to the UK economy can not be underestimated." Mark Sebba, chief executive of Net-a-Porter group, told the women's wear daily in response to tax evasion accusations. < /p >
    < p > Mark Sebba also said: "the company will continue to invest a lot of money in expansion, development and innovation. Net-a-porter has been trying to maintain its tax revenue in the UK in the form of a British way, and in accordance with the policies of the law and the General Administration of customs, the best practice is to pay taxes on time. Since its inception in 2000, Net-a-porter has never tried to avoid paying taxes in areas where it operates. < /p >
    < p > according to the information of billion power network, Net-a-Porter is the latest large company accepting tax investigation. Before that, Google, Amazon and Starbucks were also accused of stealing, < a href= "http://www.91se91.com/news/index_q.asp" > tax evasion /a >. < /p >
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