Skewed logic.If they are taxed less or no tax in tax havens. will they spread the additional profit among the ‘world’?
If they make more profit in US and, say loss in India, will they issue bonus to Indian staff for it is ‘global sharing’?
Bonus means exgratia and not a matter of Right.If, as has been made out you are rewarding talent by bonus,are you saying you have been paying less all along?
Either declare bonus based on global performance among all or stick to National profitability.
Deutsche Bank Bank will spread the pain of Britain’s controversial supertax on bankers’ bonuses among its staff around the world, becoming the first leading international group to spell out how it will deal with the financial hit.
“We will clearly globalise it,” Josef Ackermann, Deutsche’s chief executive, told the Financial Times, in remarks that risk angering staff outside London. “If parts [of the cost of the tax] are paid out of the bonus pool, we would seek to globalise it. It would be unfair to treat the UK bankers differently.”
http://www.ft.com/cms/s/0/1c0163c2-eb55-11de-bc99-00144feab49a.html
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