8. 7. Debate: Considering the Case for New Taxes in Wales

Part of the debate – in the Senedd at 5:29 pm on 4 July 2017.

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Photo of Mike Hedges Mike Hedges Labour 5:29, 4 July 2017

But, surely, with corporation tax, it’s almost like a voluntary donation by major companies when they can decide where they’re going to repatriate their profits to, where they decide to pay for intellectual property rights et cetera. So, it’s a voluntary contribution—the rate doesn’t matter, it’s the size of how much they actually want to pay.