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Bye bye Panasonic
#1058298
30th Aug 2018 10:03am
30th Aug 2018 10:03am
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Joined: Jan 2010
Posts: 1,759 wirral
Excoriator
OP
Forum Addict
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OP
Forum Addict
Joined: Jan 2010
Posts: 1,759
wirral
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Panasonic is to move its HQ from the UK to Amsterdam. https://www.bbc.co.uk/news/business-45351288 And a list of other Japanese companies are also planning to desert the sinking ship too. Well, done you brexiteers! We don't want these foreign companies here!
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Re: Bye bye Panasonic
[Re: Excoriator]
#1058307
30th Aug 2018 12:51pm
30th Aug 2018 12:51pm
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Joined: Jul 2008
Posts: 1,514 Wallasey
Capt_America
Forum Addict
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Forum Addict
Joined: Jul 2008
Posts: 1,514
Wallasey
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Up to 20 employees could be affected by the move from the UK to Amsterdam.
See you in cyberspace!
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Re: Bye bye Panasonic
[Re: Excoriator]
#1058466
3rd Sep 2018 5:23pm
3rd Sep 2018 5:23pm
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Joined: Jul 2008
Posts: 13,867 Birkenhead
diggingdeeper

Wiki Master
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Wiki Master
Joined: Jul 2008
Posts: 13,867
Birkenhead
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Its all a tax avoidance scheme, the holding company was already in the Netherlands as was their finance group. I doubt the UK saw much corporate tax paid. Actually Panansonic UK is a branch of Panasonic GMBH where they pay about 0.1% of their revenue in tax to Germany. Here are their full accounts https://www.thegazette.co.uk/company/FC030039/filing-History/MzE5NDIzMTg3NGFkaXF6a2N4Admin Note : If you wish to follow the above link, please copy and paste into a browser. Unfortunately our forums are not understanding the link correctly.
Last edited by Mark; 3rd Sep 2018 5:56pm. Reason: Url not working
The further you are down the pay scale, the more 'essential' you are when the s--- hits the fan... Sue Farbysmith 2020
Insults are engendered from vulgar minds, like toadstools from a dunghill - Charles Caleb Colton
We don't do charity in Germany, We pay taxes. Charity is a failure of governments' responsibilities - Henning Wehn
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Re: Bye bye Panasonic
[Re: diggingdeeper]
#1058494
4th Sep 2018 2:13pm
4th Sep 2018 2:13pm
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Joined: Sep 2014
Posts: 52 Hamiltonish
MisterSmiff
Member
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Member
Joined: Sep 2014
Posts: 52
Hamiltonish
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Interesting find, DD - while browsing that site, I spotted this listing for " PANASONIC BUSINESS SUPPORT EUROPE GMBH", established in the UK a mere two months ago. Make of that what you will. I smell "restructuring, but can't leave an open goal in an important market". There will always be those who are happy to let "Brexit" be to blame for all these clandestine activities, and there will also be occasions when emerging facts show them to be little more than vultures of epicaricacy.
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Toyah . .
by GaryFromWirral. 10th Jan 2021 1:39pm
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AQUARIUM
by lincle. 8th Jan 2021 10:47am
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Toyah . .
by GaryFromWirral. 10th Jan 2021 1:39pm
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