LONDON: Most big US technology companies cut their tax bills by not declaring a tax residence in their main European markets, preventing tax authorities in those countries from even assessing their income, a Reuters analysis of hundreds of corporate filings shows.
Showing posts with label corporate tax avoidance. Show all posts
Showing posts with label corporate tax avoidance. Show all posts
May 24, 2013
European Union wants big companies to reveal national tax bills
BRUSSELS: Europe's top regulatory official is seeking to force large companies to disclose how much tax they pay in each country where they operate, a measure some politicians say could curb tax avoidance.
May 13, 2013
UK's top companies condemned for prolific use of tax havens
The UK's 100 biggest public companies are running more than 8,000 subsidiaries or joint ventures in onshore and offshore tax havens, according to research published on Monday, raising fresh concerns about the full extent of corporate tax avoidance.
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