Saturday, May 24, 2008
LEGAL TAX DODGERS
"Some of Britain's biggest listed companies, including several that have threatened to re-domicile abroad, paid little or no corporation tax in Britain in 2007. Research by The Times shows that the FTSE-100 companies - Cadbury, Standard Chartered and British American Tobacco, which have a combined market capitalisation of £75 billion, employed almost 11,000 UK staff and generated more than £6 billion in global profits, - paid zero corporation tax in Britain last year." (Times, 20 May) RD
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