To investigate and analyse the tax avoidance of Starbucks in UK Essay

To investigate and analyse the tax avoidance of Starbucks in UK - Essay Example The failure of the world major corporations to honour their tax responsibilities is not a new case of challenges facing the establishment of ethics  in  the business community. The extent of the implications of tax avoidance reflects accordingly across all nations, from the poorest to the most developed. The United Kingdom is not exception with corporations such as Amazon and Starbucks among others facing such cases. The case of such occurrences elicits angry comments and reactions from the residents and protest groups of human rights, as the tax dues constitute a key cause of implied financial crisis in the country. Starbucks Corporation is a US based coffee giant retailer (Behar & Goldstein, 2007, p 23). The coffee menu famously baffles the customers (Simon, 2009, p 56). The corporation has functioned in the UK for over 14 years since entering the markets in 1998. The Starbucks Corporation, since entering the UK market it has established over 750 stores and employs about 8500 employees in the country (Gilbert, 2009, p 65). The company also enjoys a warm reception in the country, engaging in its daily operations accordingly. However, in recent years, reports of its non-remittance of taxes have continued to cause confusion as to the profitability of the corporation (Pham-Gia, 2009, p 21). Consequently, the company continues to suffer from the claims as they extensively impact its reputation and operations. The failure of the major corporation to honour its tax pay cuts constitutes both legal and ethical issues of business operation. In view of the evidence realized in the cases that ensued in the corporation operations, the key factor of consideration includes the tax liabilities of the company, irrespective of the profits they realize. Notably, the corporation has in recent years been registering a steady growth curve, with an increase in profits. This trend in growth reflected

Locate the budget for a local government Assignment

Locate the budget for a local government - Assignment Example This league has been serving officials since 1915 through the Garden State, and it was authorized by state statute (Dressel, 2014). The revenue sources for the league include property taxes that are levied on all classes of properties this levy is assessed locally and collected to aid in the running of the municipality and county government. The state also gives the municipality some funds directly or indirectly through reliefs in for instance property taxes. Other sources of revenue include; service charge, optional local taxes and counties or special district government levies (Dressel, 2014). Another source of revenue is the inter-governmental transfers, which may be for funding of government activities or specific projects. The largest income percentage of the budget comes from taxes, this is so because there are many direct and indirect taxes levied on individuals and corporations within the league. They include property, sales and income taxes (Dressel, 2014). This method is the best since it covers a wider base as they are charged either directly or indirectly. The government should think outside the box in collecting revenues by looking at other avenues instead of relying on the traditional sources. The internet has opened up many possible opportunities that may help to a great extend in harnessing the incomes. The league can also reduce the operational costs thus increase the net revenues, which will be available to